Blog Archives
You Can’t Beat the Competition with Low-ball Offers
Gone is the day when a buyer can find multiple homes of choice to bid on. It used to be a game to some! Finding a bank-owned home for sale these days is hard enough. Actually buying one is an even bigger problem. Last year the supply of bargain-basement foreclosed homes shrank, as banks temporarily stopped trying to repossess properties to review possible paperwork errors. But 2012 is proving to be a different story. Lenders are starting to resume foreclosure filings, so more of these distressed homes are expected to be listed for sale. Read the rest of this entry
