Foreclosures are not always a good deal
While foreclosures and REOs have typically been the best deals when looking at price only, some buyers are just not ready to take on the work required to fix up a REO or foreclosure.
If you are looking for a new home REOs and Foreclosures still offer some of the best deals on the market but when you consider the work and cost of turning your good deal into your dream home you have to keep the dollars and sense in perspective.
A few things to consider...
•1. How much will it cost to paint the house.
•2. How much will it cost to repair/replace:
B. Hot water heater
C. A/C and heating unit
E. Light fixtures
F. Leaky bathtub
G. And the list goes on...
Spend time with your REALTOR putting together a plan that considers different properties on the market. The best deal for you will factor in all cost of getting into your new home from purchase to move in. Call me Today