It is true that this is very much a Buyer’s market; but with the limited amount of inventory available, good-looking foreclosure properties, in desirable areas, sell very fast.
Take for example the home below, that went on the market on Saturday morning. This adorable 2 bedroom, 1.5 bath home in Buford was listed at $15,899 and need of some cosmetic work, but nothing too major. One huge plus to this home is the Buford City School District that it’s in. Ranked as one of the top schools in the state, the school system only added to the great value of this little home.
Our Clients, a young couple purchasing their first home, made an all cash offer on Monday morning for $3,000 over the list price. Unfortunately, their offer was not accepted, and I was told there were at least 10 other offers in the mix. We will continue looking, and I know they will find the perfect home. At the very least after making this offer, they have learned that you have to be aggressive and quick with your offer on any great deal like this that comes along.
There are unbelievable deals like this coming on the market every day. If you would like to be notified as soon as a good foreclosure deal goes on the market in a specific area, send us an email to firstname.lastname@example.org and we would be happy to set up a custom foreclosure search for you.
Whether you’re an investor, a first time home buyer, looking to move up to a larger home, or seeking commercial space- there is every kind of foreclosure deal available right now. We look forward to helping you find the best possible property for your needs.