Distressed Homes
Buying distressed properties is not for the faint of heart. Those sales can be complicated, plus sellers have certain rights when in foreclosure. It's important to be aware of Washington state laws in this regard.
If you are careful as a buyer or investor, you can find prices that are less than market value.
Foreclosures Homes
A "Foreclosure" is a procedure by which a mortgaged property is sold due to a default of mortgage in satisfaction of the mortgage debt.
Do your homework if you are considering a foreclosure, as many have hidden fees that are left unpaid, and will be picked up by a buyer in order to close on the properties. As long as you know what you are getting into, you can factor those expenses into the amount you are paying for the property. Aslo, having lots of cash will make it easier to facilitate a quicker closing.
If You are interested in a list of current foreclosures
and short sale properties please let me know
by phone or email.
206-226-6925 or 425-772-8889
christin.leupold@att.net
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