I can help you search for a good home and negotiate a great deal for you. Please call me so we can make arrangements to meet and discuss your goals.
There are many beautiful homes available in Wynnefield and the immediate area. We may be able to find you a short sale opportunity as well. You don't necessarily want to wait to find a foreclosed property when there are opportunities to negotiate with the bank before foreclosure.
Please feel free to call me anytime. Looking forward to speaking with you both soon.
All the best,
REALTOR, Property Manager
Your Real estate Resource For Life
Cell/Text: (267) 254-7994
Michael P. Cohen ABR ASR, BPOR
1033 N. 2nd Street 5Th Floor
Philadelphia, PA 19123
Direct Line: 610-642-0347
Current listings with Photos-click here
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First... Consider your "handyman" skills and finances. Are you ready to take on an as-is project that probably will require money AFTER the settlement in order to repair or update the home....
Bank owned homes are sold as is. You can inspect all you want, but it is very unlikely the bank will make repairs...that means you have to. MOST foreclosures really do need some level of work.
Normally - the thing to do first is get pre-approved for a mortage. and you need to do that. In your case, the most impotant thing to do will be to find an agent who is expert in home repairs, costs and foreclosures.
I am one such agent. others have replied too. But this is really the critical thing. If you are not very handy yourselves, or do not have cash leftover after you settle to pay for contractors or even materials, then you should NOT persue foreclosed properties.
"Penny wise, pound foolish" is the old phrase. it applies here. Inexpensive seeming homes are not a good deal at all, if you don't have the money or skills to repair or update them.
A good agent experienced in these areas can help you sort this out.
If you have those skills, or financial reserves, then lets talk. If you are unsure why that matters then you really NEED to talk to me or someone....so you don't bite off more than you can chew, and be in foreclosure yourself !
Call me if you believe i can help you
Long & Foster Real Estate
My name is Jonathan Phillips and I specialize in Foreclosures and Short Sales. I would be more than happy to help you get started. Feel free to contact me and we can move forward from there.
Certified SFR Short Sale and Foreclosure Resource
Long and Foster Real Estate Inc.
Blue Bell Office
860 Penllyn-Blue Bell Pike
Blue Bell, PA 19422
The one thing to keep in mind is that with a foreclosure, you often times have to pay cash and there could be much work needed before you can legally live in it.
Please feel free to search my site and let me know if you want to sit down over coffee and have a no-pressure talk about what your next steps should be.
Eric Axelson, Associate Broker
Licensed in NJ and PA
Kurfiss Sotheby's International Realty
267.507.2287 in PA
856.617.1212 in NJ
Award-Winning, Multi-Million-Dollar Producer
Most Prestigious Real Estate Company, Luxury Institute
You need to start by speaking either with a local Realtor or Mortgage lender. Either will be able to set you on the right track.
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
VOTED BEST IN BUCKS 2010
NMLS ID 143960
The term "foreclosure" in today's real estate world typically means "discount property" to the average buyer. While this can be true in some instances, it's not always the case.
Foreclosures can offer great opportunities to buyers, but it really depends on a few things: 1) Is the home for you to live in, or is it for investment purposes?, 2) How do you plan to pay for it (i.e. mortgage or cash)?, and 3) Does it need to be a foreclosure per se, or can it be any property as long as it fits within your criteria and budget?
There are many more things to discuss, but I felt that these were general enough to at least start a discussion. If you need any additional help, please feel free to contact me. All of my information is below.
Timothy Garrity | Realtor & Consultant
Licensed Real Estate Salesperson - #RS314897
The very first thing you need to do is get pre- qualified with a lender. They will help you go over the financing options as well as the best way to structure the offer to be financially beneficial to you.
If it is a foreclosure or bank owned, they may limit the amount you can receive in a seller assist towards closing costs. Also, be careful as you may be purchasing the house in AS-is condition. You really should seek out representation as foreclosures are not the easiest of transactions.
If you need any further assistance, please feel free to contact me.
Emily Landis Torres
Realtor, PA Licensed since 1993
1110 N. Broad Street
Lansdale, PA 19446
Phone: 215-362-3100 ext 1793
Locating a knowledgable real estate professional to represent your interests is the first move. That individual will be able to direct you appropriately. Please keep in mind that banks typically look at cash offers first, and value those higher than those which are contingent upon financing.
Web Site: edubinsky.ahmcloans.com
You can talk to almost any real estate agent about purchasing a foreclosure, however there are question you have to ask yourself before going this route some being.1) Are you willing to purchase the property as is? 2) Will the purchase price plus any repairs that the bank will not do equal a value buy? 3) Is there another house in the area that is not a foreclosure a better deal, etc. Buying a foreclosure is not always the best deal and you may be missing out on another house if you are only looking at foreclosures. Feel free to contact me so we can discuss the pros and cons and also your criteria in a property.
Unless you are buying cash, your first step should be to talk to a lender and get pre-qualified for the mortgage. You can go to your bank I can also refer you to the lender i use, minimum credit score needed is 600. There's also some help available for 1st time home buyers. If you have any questions feel free to contact me.