With many lenders and government agencies understaffed and/or operating with newly trained personnel, it's critical to have us in your corner.
If you assign us as your buyer's agent, we'll work to ensure your interests are well-served throughout the home buying process. Buying a home is a complex transaction -- even more so when dealing with institutional sellers of foreclosed properties. Meeting their requirements, while making sure your interests are protected, requires experience and extensive knowledge about procedures, opportunities and possible pitfalls in the REO market.
As local experts in handling foreclosed-property transactions, we offer our clients:
Search services to identify foreclosed properties in your areas of interest that meet your specific requirements and tastes. We'll keep you informed as soon as suitable properties come on the market. Through our network of contacts, we often find out about great deals even before they're listed, putting our clients at the front of the line for showings and negotiations.
Referrals to reputable professionals for inspections, repair estimates, title searches, mortgage loans, etc. -- whatever services you need to make a sound decision about buying a foreclosed home and to get your contract to closing/settlement.
Valuation advice to help you determine the true market value of any property you are considering. Using our extensive knowledge of the local foreclosure market, recent sales and current trends, we can help you distinguish between true bargains and overpriced properties.
Designing a purchase offer to accomplish your objectives -- purchase price, down payment, terms, etc. -- while still meeting the seller's minimum requirements for a sale.
Negotiating with the seller as needed to arrive at a final sales contract acceptable to all parties involved.
Managing the transaction from start to finish. With many lenders and government agencies understaffed and/or operating with newly trained personnel, it's critical to have us in your corner, keeping your foreclosed-home purchase on track. We will:
Establish contact and a good working relationship with the seller's representative.
Submit all required documentation to the seller's representative and quickly follow-up on any additional requests for information.
Prove to the seller that you are financially qualified to purchase the property of interest.
Work with your lender to ensure your financing comes through as expected and on time.
Coordinate the schedule of needed inspections, estimates, survey, appraisal, etc.
Keep all parties -- you, the seller and your lender -- informed and up-to-date on the status of your home sale purchase.
Prepare you for settlement/closing with all the documents and information required to complete the purchase of your bargain-priced home.
Feel free to call us with any questions you have. As foreclosed property experts we'll be happy to talk with you -- at no obligation, of course!
Establish contact and a good working relationship with the seller's representative.
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