Archive for Buying Foreclosures or Short Sales

For Sale: 5BR/3+1BA Single Family House in Clearwater, FL, $449,000 For Sale: 5BR/3+1BA Single Family House in Clearwater, FL, $449,000. REO/BANK OWNED – Fabulous Waterfront Country Estate on the beautiful shores of Salt Lake!

For Sale: 3BR/1BA Single Family House in St. Petersburg, FL, $100,000 For Sale: 3BR/1BA Single Family House in St. Petersburg, FL, $100,000. Another great deal sold at the end of May!

For Sale: 4BR/2BA Single Family House in Largo, FL, $150,000 For Sale: 4BR/2BA Single Family House in Largo, FL, $150,000. This was another Short Sale that we received approval on and closed at the end of April!

For Sale: 2BR/2BA Single Family House in St. Petersburg, FL, $110,000 For Sale: 2BR/2BA Single Family House in St. Petersburg, FL, $110,000. We should have Short Sale Approval with in days on this one. We have a dedicated Short Sale Negotiator just to handle these types of situations and helping folks(more…)

For Sale: 3BR/2BA Single Family House in Clearwater, FL, $118,000 For Sale: 3BR/2BA Single Family House in Clearwater, FL, $118,000. Just receive Bank Approval on this Short Sale!!! Yea! Looking forward to closing this with in 30 days!

Buying Foreclosures in Stormy Weather Like spinning tornados that picked up momentum and left profound damage in their wake, the present number of foreclosures was created by a perfect storm of three systems converging:

Tips for Buying Tampa Bay Foreclosures DON’T BECOME A FORECLOSURE STATISTIC Carefully calculate how much mortgage you can realistically afford. A great deal doesn’t justify blowing your budget. The odds are, you’re benefitting from a buyer who bought beyond their means…don’t wind up on the wrong end of the deal a few years from now.

Tips for Tampa Bay Short Sales Despite the efforts of financial institutions to standardize the short sale process, idiosyncrasies abound; a seasoned short sale agent will know how to work each lender’s system to your advantage and will act as your true liaison. When you’re working against a ticking clock you need knowledge and a spokesperson at your side.

Foreclosures in Tampa Bay Florida Opportunities across the board in this real estate market: yes; proceeding with caution and following processes to the letter: the best way to land the Great Real Estate Deal of 2010.

Successful Short Sales While keeping the disreputable at bay, you need also beware of buyers. While they are obviously the critical component in a successful short sale, they must offer qualifications beyond the financial. Short sales take time and patience and you’ll need assurance that your buyer is in for the ride. So besides the obvious confirmations of lender pre-approval or proof of funds if they are cash buyers, please consider: