1% Foreclosure Rate.
Foreclosures nationwide are near an all time high, millions of homeowners are finding themselves short on money, credit and equity.  These homeowners find themselves with few options remaining, most must either sell to save their equity or do a short sale to avoid foreclosure.  These homeowners need buyers for their properties, most are highly motivated and short on time.  This is where you come in, these homes are prime candidates for discounted offers, homeowners and lenders want these properties sold, they will consider a wide range of offers.  With 1% of mortgages in default the market is full of properties that need to be sold fast, you can take advantage of the current market conditions and place yourself in a better financial position for the future.

 

Instant Equity.
Individuals and investors buy foreclosures because they are often at a discount to the rest of the market, a foreclose will cost a bank on average $25,000-50,000; a bank knows that they will lose money on the deal, so most of the time they prefer to take the loss quickly, rather than sit on a non-performing asset for 1-2 years.  Depending upon the area you wish to purchase a home, you may be able to pick up homes for 50-75% of the price of just a few years ago, this means that when demand does return to that local market you will be in position to make a massive profit on your home or investment property. 

 

Contact us.
If you would like to begin buying pre-foreclosures and foreclosures then you should contact us, we have compiled lists of properties for all the different stages along the foreclosure process.  We know banks that are trying to sell properties and  individual homeowners willing to do short sales.  We can help you find properties listed on the MLS as well as ones that are not.  Please feel free to contact us using the form on the contact us page any time, we look forward to hearing from you.