There are lots of great deals on the foreclosure and short sale market, but be prepared to wait it out while the clueless banks take their time fumbling around with the particulars, some banks are better than others, but most of them are always waiting for an appraisal or to find out if there are any clouds on the title.
If you are renting or in a similar situation where you don't have anything to sell and there is no chain reaction that needs to take place, you are in the drivers seat. Typically it takes about 3 months from start to finish, less if you can pay cash, but be sure that you get a title insurance policy to protect you against any unforeseen liens or encumbrances that may have been overlooked, alot of times in a foreclosure situation the former owner "forgets" to pay taxes and other things like mechanics liens or permanent improvements, the title policy will insulate you against costly litigation and other headaches.
Please contact me if you have an interest in a foreclosure or short sale property, I will help you find the best deals available.
Showing posts with label financing. Show all posts
Showing posts with label financing. Show all posts
Thursday, September 4, 2008
Monday, August 4, 2008
First time buyers bonanza
If you don't have a home to sell and you qualify for favorable financing, now is the time to get a fantastic deal on much more house than you could have bought in the last 10 years.
Hi, Tom Sachs back with you, 2008 will go down in history as probably the best year to BUY a house or condo in the last decade, please contact me and let me put the power of Coldwell Banker Residential Brokerage behind you, I'm sure that you can find exactly what you are looking for in the area you desire.
Hi, Tom Sachs back with you, 2008 will go down in history as probably the best year to BUY a house or condo in the last decade, please contact me and let me put the power of Coldwell Banker Residential Brokerage behind you, I'm sure that you can find exactly what you are looking for in the area you desire.
Labels:
coldwell banker,
financing,
house,
tom sachs
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