Forclosures

Well, we keep hearing every day, just about, that there are more and more forclosures out there today than ever before. Well, I think they are right. There are a bunch in the area that are currently for sale and some of them are at good prices. The problem, however, with most of them are that they are priced too high for the what they offer. It's because the previous owner owed so much for them that they now have to try and recoup most of it. It causes good properties to sit on the market for longer periods of time and thus get "stale" to the market. People get tired of seeing them and thus stop asking about them because they think there is something wrong with them. When in all reality, they may be just fine, but were priced too high in the first place. I'm not sure where all this is headed in this area, but I do know that for those who are patient they will get some great buys! If you are interested in finding these forclosures, contact me and I can get you a list. Don't forget Walmart is opening next month so watch out for falling prices.