Working with buyers is something I truly enjoy doing. Helping them find the home that meets their wants and needs and taking part in the excitement of buying a home is very satisfying. What breaks my heart though is when I tell my buyers that if they REALLY want to buy that home that they need to go ahead and put in the offer....today!
Even in a buyer's market, homes that are in good condition at a good location and priced well will go and go fast. If for instance, your looking to buy a home in Orange Park and Fleming Island Florida you could even say that foreclosures are a seller's market. I have worked with many buyers who have looked at a foreclosure that was the perfect home for them. Despite my advice to put the offer in that day they insisted on "sleeping on it" and lost the house to another buyer. I have had buyer's that literally lost their dream home by just a few hours, and I can tell you from experience that it's extremely disappointing.
So if you're in the market to buy a home and are looking at REO's and foreclosures, be prepared to make the offer and have all of your ducks in a row (like pre-approval) so you don't miss out on the home that's right for you.
Jessica Touchton-Buyer's Agent w/ The Landry Team Keller Williams Realty email@example.com