Foreclosures – are they super deals?

This morning as I was preparing for my day I thought I might just answer a question that has been asked recently. Clients have been told on infomercials and advertisements for years of the great bargains to be had buying and selling foreclosure listings. Is this information true? The good news is, our economy has made a comeback, and we no longer have as many of those properties available. Some foreclosure listings are still priced slightly under the market value and have a little wiggle room to make money, especially if you have the special skill set to do some remodel work as well as some money available to purchase materials. The really amazing deals are not around every corner, most will take a fairly good effort once you find them. You can expect to find multiple buyers competing to purchase properties that are under market value, and you will need to be ready immediately to make an offer and move forward. A delay in this case will cost you the deal. If you have the desire and ability to find the bargains in our real estate market, I’m here to help. Lets go shopping!
~Sheena
Connecting clients with their dreams, one house at a time.