Bringing Buyers & Sellers Together

Buying Foreclosed Properties

For many buyers, the term foreclosure brings up images of run-down homes with no heat and rotting wood. While this is still the case for some homes, it’s no longer the standard. In fact, buyers are snatching up distressed deals in decent condition for great prices.

If you’re in the market for a home and are prepared for a unique transaction, a distressed property could be a great option. As always, due diligence is key. Here are a few things to remember before you decide to buy distressed:

  • Start by getting pre-approved.
  • Buying a distressed property could be very fast or very slow – patience is key.
  • Being decisive will help move the process along.
  • Do the math – repairs may be needed, but it could cost you less in the long run, saving you money!

As always, your best ally when purchasing a distressed property is an expert. Always have a professional REALTOR® by your side to help you make informative decisions.

Leave a Reply

Contact Me

Reviews

5Jeff Dolgan

Ruben did an amazing job selling my home and was able to negotiate for the highest possible selling price. He was a true friend through the process and I couldn't possibly thank him for the expertise her provided during the process of selling my home. Call... (more)

5bluaces44

Ruben helped us so much with our sale and purchase closed on my old house which we got top dollar for on Monday and closed on my new home that same Friday! Perfect timing, perfect service. A+ All Around!

5nanelerner77

Recomiendo a Ruben 100%, sabe su trabajo, te sabe guiar perfectamente y habla español, cualidad importante que estaba buscando.
Seguro seguire contando con sus servicios.
Recuerden, es mejor negociar con un comprador / vendedor con un reactor de por medio.

Review Ruben Perez on Zillow.com