Foreclosures

A Short Sale is when the owner is trying to have the bank accept less than the principal so that the home can be sold without a foreclosure. There is no certainty that the bank will accept the short sale so any deal can be subject to bank approval.

A foreclosure is a process the bank initiates when the owner has failed to honor their side of the mortgage agreement.

foreclosures and short sales are not easy
in most cases you must have proof of funds (they expect CASH or a very solid source of funds)
they may be sold AS IS - don't expect the seller (most likely a bank or a very strapped seller) to start fixing things
some have been damaged due to neglect or the seller intentionally damaging the property
you have to be prepared to act Quickly
you will likely have competition - especially on the good ones

I'm prepared to work with serious buyers - if you need to finance or cannot buy a property 'as is' then a foreclosure may not be for you!

** Foreclosures and Short Sales Here ** - - automatically email me these