foreclosures: Bank Owned Properties Equal Opportunity for First Time Home Buyers
- 04/25/09 06:42 AM
First time home buyer activity is on the rise in Oceana County. A significant reason for this is the number of bank owned properties currently for sale in the Hart, Shelby, New Era, and Pentwater areas. Bank owned properties, often referred to as foreclosures, are often sold well below market value, and create unique opportunities for first time home buyers. I recently had the pleasure of writing an accepted offer for a young engaged couple from Hart, MI. They are getting married this summer, and wanted to start looking for a home now. They have decent credit, but relatively low income, … (1 comments)
foreclosures: An Ounce of Prevention... or, Going the Extra 8 Miles
- 03/16/09 03:32 PM
Thank goodness I learned to preview listings before taking my clients to see them! A fellow agent and I took part of our day today to preview some homes that we were preparing to show our respective clients. Of the six that we looked at, two were actually worth showing and met our clients' prerequisites. One of the homes was a particular disaster. It looked like a good deal on the MLS, but the next thing we know, we are on a muddy, rutted, seasonal county road, in the middle of nowhere, wondering if we were about to drive off the … (4 comments)
First time home buyer activity is on the rise in Oceana County. A significant reason for this is the number of bank owned properties currently for sale in the Hart, Shelby, New Era, and Pentwater areas. Bank owned properties, often referred to as foreclosures, are often sold well below market value, and create unique opportunities for first time home buyers.
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