Purchasing REO Property Within the Port Angeles Real Estate Market. By Steve Edwards - Realtor

Real Estate Agent with Strait Realty

Port Angeles Real Estate:

Considering the purchase of Foreclosure property?

Here are some steps to follow to help you achieve your goal.

The Port Angeles real estate market is being bombarded weekly with new Foreclosures ... as well .... in every area in the USA.  How can you find them? Simple, call a few Port Angeles real estate agents and ask them to send you daily listings that meet your criteria, don't be vague, be as detailed as possible and within a realistic price range.  In other words if you qualify for a  $100,000 loan don't focus on $ 1,000,000 homes, odds are you will never get an offer accepted and if you did we are talking about hundreds of offers. That takes time and energy and you will probably end up losing your Port Angeles real estate agent.

Once you start receiving the list contact the different Port Angeles real estate agents and see who gives you the best serves. I recommend that you stick to one agent, why? Because you will need a lot of hand holding and you are looking for an advocate, someone that will go the extra mile. Every property you like, you will need Market Reports CMA's, information, etc. In addition you will need to be looking at property weekly with your agent. It is important for both of you to see eye to eye. Remember you are looking for the diamond in the rough and believe me they are out there you just have to look.

The most pressing piece that many folks ignore is that you have to, no way around it make offers every week. The more offers the better; your Port Angeles real estate agent will guide you with the right wording to avoid having to commit to all accepted offers. The bottom line is that if you don't make offers it's impossible to make a deal.

Your Port Angeles broker will help you put together a well packaged offer. Make sure you provide the pre-approval letter, proof of funds, etc. The better you look on paper the easier it will be. If you can close in 10 days, put it in the contract. Every detail helps the bank decide in your favor.

There is a lot of free information available to you about buying, selling or investing in Port Angeles real estate. For complete information about the Port Angeles real estate market including, homes for sale, Land for Sale, buyers and sellers info, home values,  relocating information ...Please visit my website  www.PortAngelesRealEsateServices.com  There you'll find everything you need to know about Port Angeles Washington Real Estate  

Feel free to contact me (Steve Edwards) at anytime. I'll be happy to answer / address any questions or concerns you may have.  Call me anytime ... I can be Toll Free: (866) 359-9099  or  mailto:steveedwards@olypen.com

Thank you for your time!
Steve Edwards - Realtor
Windermere Real Estate

Port Angeles, WA
Real Estate Expert / Agent

Comments (0)