Joanne Cothern, Realtor
(626) 485-3180 (Cell) Direct
California DRE #01844305
Member of the Citrus Valley Association of RealtorsÂ®.
Member of the California Association of RealtorsÂ®.
Member of the National Association of RealtorsÂ®.
Finding a foreclosed home is very similar to purchasing a standard sale home or a short sale, it is the purchasing process which is different. A foreclosed home is owned by the bank and in many cases is sold â€œas isâ€, meaning the bank will not fix anything that you might find wrong with the home. This is the same for short sale homes and can be the same for standard sale. Because in California the inventory is very low most homes are put under contract very quickly, so you must be the best offer on the home. When bands are selling the homes, because of the condition of some homes and the time involved in getting a loan, many times like all cash offer, at the very least you need to be pre approved and ready to open up escrow as soon as you start looking or you might loose out on what you want to purchase.
Sounds like you need a good realtor who will communicate with you and help you through the buying process. Give me a call or email me and we can go in further detail.
Talk to you soon
Keller Williams Realty
#1 Buyers Agent KW Los Angeles Region