How do I find the best deals on foreclosed homes?
That’s a great question….and one that every buyer is asking right now!
I’ve worked with dozens of buyers in the past few months….and we’ve been successful in finding homes that these folks really like…but not without a little work!
What’s the First Step?
Start out by reading my “Getting Ready to Buy” page…every buyer needs to know all the information about loan approvals, and choosing the right area and style of home.
Next, there’s a few special things you need to learn about the process of buying bank-owned homes…commonly called REO homes…a short form of the industry term…Real Estate Owned!
Banks or lenders don’t operate like any other sellers…we’ve gained several years of experience working with REO properties…and some of the deals have been EXCELLENT!
- A 2800+ sf home in Falbrook, built in 2002, in good condition…$322,000
- An 1800+ sf home in Pauma Valley, in great condition…$225,000
- A 1350 sf home in Escondido, on a 12000 sf lot zoned R4…$145,000
When you’re ready to start looking we’ll have a personal appointment…I’ll give you all the “insider information” that gives you maximum advantage when you evaluate the homes and structure your offer…our success rate is high because my clients are well prepared….and well represented!
Every search is just as unique as the buyers….there is no “cookie cutter” mentality here…you get personal attention to develop a buying plan that takes advantage of your personal situation to give your offer the best chance of success!
Finding the best deal is as much art as it is science…and the recommendations I receive from every past client are great proof that personal attention to every client is great for everyone!