How to be a Sucessful Buyer of a Short Sale or Foreclosure
Many of our buyer clients are currently focused on the entry-level or first-time move-up categories. As I’ve been mentioning for months, housing inventory has dwindled sharply and many of the homes for sale are lender-controlled. In other words many of the listings in these categories are bank owed or short sales. And the competition is fierce. You’ve probably heard it from family, friends and co-workers, "You should buy a short sale or foreclosure. There are some great deals out there!" Or, your friend tells you, "I paid way below market!" And to some extent, these statements have merit. Unfortunately from a practically point, many of these "deals" may not be available to you.
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Russ Boyd and Joan Williams
Russ Boyd and Joan Williams
AboutBayAreaHomes.com
russ@brokerruss.com
http://www.AboutBayAreaHomes.com
650-566-1900
888-579-1007 - Fax
650-325-7877 - Mobile
Personal License #01264240
All information deemed reliable, however not warranted nor guaranteed.
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