FIND A FORECLOSED HOME Foreclosures are plentiful in today's market. The biggest question many people have is "How can I find good deals on foreclosed homes?" If you're thinking of buying a foreclosed home, we can assist you: - Use the form below to let us know what type of a foreclosed home you're looking for. We will send you a FREE list of foreclosures that meet your criteria.
MAKE SURE YOU AVOID THE "FORECLOSED HOME PURCHASE" BLUES! Take advantage of our expertise to help you make smart decisions on the purchase of a home that is in foreclosure. To learn more about buying a foreclosed home, visit our Buying Foreclosures page. Here is a short definition of a foreclosed home: when a homeowner can no longer make their mortgage payments, the bank will eventually have to foreclose on the home. That means that the home will go up for sale to pay off as much of the outstanding mortgage debt as possible. But, buying a foreclosure isn't always as easy as it sounds! That's why it's always an excellent idea to work with a REALTOR® who is knowledgeable about the foreclosure process. There are many issues you may run into when purchasing a foreclosure. Here are two examples: - Who will live in the home? There are different guidelines for buyers who will live in the home vs. investors who will not.
- What if the property is already rented? If the property is rented at the time of your purchase, you must know how to move forward if the property is in a rent controlled area, or if the renters are minors, elders or physically handicapped. You'll need to take additional fees into account, which can include relocation costs.
And, the list does go on. Protect yourself and your investment. As a Certified SFR (Short Sale & Foreclosure Resource), I can help you find that great deal on a foreclosure, while helping you avoid the pitfalls. Call me at 310-863-9779, or send an email. Nellie Alvarez P.S. Don't forget to get a list of foreclosed homes for sale that fit your needs! Complete the form below and I will get back to you as soon as possible. |