Sunday, November 8, 2009

5 things to know when writing up a offer on foreclosure properties~

When attempting to purchase a foreclosure property there is some information you will need to know before you write up your offer on the property!


1) The bank or the seller loves cash deals.


2) The bank or the seller loves no inspections.

3) The bank or the seller loves quick closings.

4) The bank or the seller will put priority to a home owner buyer before a investor buyer.

5) The bank or seller will require Earnest Money with your offer to purchase, $500 to $1000 will be expected although sometimes the bank will require 10% of the purchase price.

Give us a call, email or text we know how to make your purchase contract strong so the bank/seller chooses your offer! We can help you or someone you know buy a foreclosure property with as much ease as possible.








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