Once upon a time, I worked in the building materials industry when modern design first started making a come back. A tile company had done extensive studies and reported that only 10% of the
Tips For Buying A Foreclosed Home
Don't AssumeOne of the biggest problems people can make is that they assume they will take the first offer that is thrown at them. Take a look at recent sale prices for homes sold by lenders. These are usually called real-estate owned. This will usually help you price the home.
It Takes TimeYou will likely run into a large, slow-moving procedure when trying to buy a home in foreclosure. Normally people find out if they get the new home in a day or two, with foreclosed homes it can take weeks!
How to BuyMany foreclosed homes are auctioned off. If you plan on purchasing a home at the auction make sure that you have a mortgage pre-approval letter, proof of financing, and deposit all with you! Bidding on a home and finding out you needed these items can give you a headache!
As you can see, there is a great market for foreclosed homes! The biggest perk is that you can save a lot of money! Unfortunately, there are some things to remember while trying to find this house. Give Front Street Brokers a call at 208-740-5000 and we will start your search for whatever you may be looking for!
Trivia about Mike: Prior to working in real estate, Mike worked for few years on movies and TV shows around the world as a Camera Boat Operator and Marine Logistics Coordinator, including the TV serie....
Latest Blog Posts
6780 S Zeus Way Spacious, Updated Home with a Great View! MLS 98677496 Looking for a spacious home with a great view? This home has been recently updated with new carpet and interior
Build your dream home on this little slice of Heaven! 5313 N Willean LnMLS 98656400You’re going to want to build your dream home on this little slice of Heaven! This is the perfect
Great single level home in a convenient Boise location3968 S Oak Brook Way MLS 98674860Great single level home in a convenient Boise location. Close to the Greenbelt, Bowne Crossing and all