As many are aware, the current housing market has created a large number of foreclosure properties. For people who would like to live in or own property in the Gulf Shores or Orange Beach area, this can be the opportunity of a lifetime.
A spectacular Gulf Shores beach bargain can seem like just a dream. By getting assistance from a knowledgeable source familiar with not only the physical area but also the foreclosure process, your dream could come true!
Potentially acquiring a house, even if it is a foreclosure, is still a major purchase with many possible pitfalls. With the proper guidance, however, it can be quite a sensible decision.
One of the first steps you should consider is contacting a Gulf Shores real estate agent. An agent can assist you from the beginning and give you advice that could make all the difference for such an important purchase. Agents are familiar with the different stages of foreclosed properties and can guide you in the best direction given your own personal situation and desired outcome. For instance, you could be dealing with an owner in default, a trustee or a foreclosing lender. An agent can show you options to help you determine the best course of action.
An agent can assist you in other aspects as well. For instance, it's likely you’ll need to deal with several other professionals—from home inspectors and contractors to finance officers and attorneys. The agent will be able to refer you to reputable experts in these fields. By going in with your eyes wide open to all disclosures regarding the property, knowing realistic repair estimates, being aware of any outstanding liens or tax arrearages, and having your financing pre-approved, you’ll be in a position to make a practical offer. You’ll have a better view of what is likely to be accepted, and your time won’t be wasted on improbable bids so you can get right down to enjoying your amazing Gulf Shores beach bargain!
I would like to be the agent to support you. I can assist you in looking for foreclosure properties and several other real estate options. I have extensive knowledge of the Orange Beach/Gulf Shores area and enjoy living here. Give me a call today, Lance Steffek: 251-981-2225 or contact me online.
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