Buying A Foreclosure

Buying a foreclosed property can be a good deal, however it is important as a buyer to be informed, educated and cautious. It is important that you have a REALTOR® experienced with foreclosures and buying and selling distressed properties.

In order to have your offer taken more seriously it is recommended that you become pre-qualified with a lender before engaging in any negotiations. Obtaining this financing information will also help you understand what you can afford, and help move the process along more quickly once you have found a property you would like to purchase.

The benefits of buying a foreclosure: 

Some important things to consider when buying a foreclosure: