Foreclosed Homes
When you mention foreclosures to most home buyers they have visions of homes that need a major overhaul with extremely low prices. Their eyes either glow with the excitement of a good deal and a project at hand or they shiver in their boots and run.
Foreclosures can be a great buy. Many homes have minor cosmetic flaws and if the buyer is handy you can usually make the repairs for a minimal investment and have a beautiful home. Others are severely damaged and need major structural repairs. With everything imaginable in between. Trying to purchase one of these properties can be a daunting experience. There are many types of foreclosures including HUD Properties, Bank Owned Properties, and Short Sales. Each agency has its own set of rules and regulations when making an offer on a property. Using a REALTORŪ will help you decipher the intricacies of each agencies requirements.
Foreclosures can happen for various reasons, in every market in any neighborhood. With a little patience and flexibility a buyer has the potential to purchase a home they may not have been able to afford otherwise. As your REALTORŪ I can help guide you through the search, selection and the process of purchasing a property before or after foreclosure. Contact me, 512-538-5282 if you have any questions or would like more information about homes in any area of Austin, TX. or the surrounding communities.
Janie Miller, REALTOR
Sky Realty
