What matters is whether that person has the experience and or know how to help you navigate foreclosures which includes many agents and brokers.
A word of caution about foreclosures: Many foreclosures are in disrepair and need a lot of work; it's best to work with a broker who knows about construction work.
My broker and myself have experience in construction and real estate management; the broker is a licensed contractor and used to build or repair homes; I used to manage and repair multi family properties in san francisco.
I wish you the best of luck in getting a home that you are comfortable with.
Peter T. Chin Realtor #01866332
We can do: FHA, Conventional, USDA, VA, HARP, Interest Only, Home Equity, Fixed, and Variable. Find out which product is right for you by calling Brad at (855) 415-5626.
Sr. Loan Officer
Crosscountry Mortgage Inc.
Toll Free: (855) 415-5626 ext. 5734
Rodolfo de Hoyos
A broker or agent can provide quite a bit of assistance with buying a foreclosure. Banks are especially picky with the process and can reject offers for the most sensitive of errors. A lot of the REO and Short Sales sales move through the sales process using the Equator program which is for agents and brokers to use. Also, you want a broker or agent who has access to the lenders who hold the properties.
I'm a short sale/reo specialist and I have access to the equator process and to the lenders through a special program for elite brokers in the industry. I also provide a 50% rebate of any fees that I receive from the bank.
Let me know if you're interested in speaking. Best of luck and happy house hunting!
Working with a Real Estate Agent or a Broker does not make a difference. The Broker hires a Real Estate Agent and gives him all the same powers that he has as a Real Estate Broker. You want to find some one who has been working in the current real-estate market and has lots of experience. When purchasing a foreclosures there are allot of papers that need to be explained and inspections done on the house to fully understand what you are buying. Because all of these homes in foreclosure are going to need some kind of repair. You should also work with some one who has been around construction sights and understand how to rehabilitate a home.
My broker and I have been involved in helping our clients purchase short sales, bank owned homes and foreclosures. Also we have been involved in several rehabilitation of homes in Marin and San Francisco counties.
You can reach me for further information:
Arshak 415 871 6022 and email@example.com
You should work with the person that will be able to work diligently to meet your goals. Our market is not inundated with distressed sales as other areas of the state. As such SF does not have a large number of foreclosures. What type of property are you looking for-SFH, Condo, Multi family?
There are currently 2 TIC units for sale in Potrero Hill that are foreclosures.
Beware of RealtyTrac foreclosure ads or any listings that do not display MLS ID numbers. I'll be happy to provide more info when you are ready.
Oggi Kashi - 415.690.3792 direct
Broker Associate, Paragon Real Estate Group CA DRE 01844627
All data from sources deemed reliable but subject to errors and omissions, and not warranted.
Either an agent or a Broker but select the one to work with that has a lot of experience with the foreclosure process as it is different from a normal sale.
I suggest that you interview a few agent/Brokers to determine their market experience and then choose the one who knows the foreclosure market well, is readily available during your time frames, and who you feel most comfortable with.
Good luck to you!
Prudential Connecticut Realty