If you do not have ALL CASH then you must line up with all of the other "RETAIL" buyers and pay market or nowadays "above" market to buy a property.
Also find a Realtor to assist you and she/he can help you see bank owned bargains the first day listed and/or short sales on the first day listed. On a Short Sale, unless the price has been previously approved, it may not be possible to buy it even tens of thousands "above" the asking price. Also it may not ever close if the Seller does a Deed for Lease or gets a favorable loan modification. Sometimes Sellers will drag out the process for over a year so they can live "rent free" or collect "free rents" from a tenant.
All the best,
Alma Rose Kee, PA
Future Home Reatly
Find a full time professional realtor and work with them. Foreclosure is a process...once it is foreclosed it becomes a REO (Real Estate Owned) aka bank owned property. Simply put pre-foreclosure homes on the market are short sales.
I feel an informed client makes the best decisions regarding their real estate needs. Let me know if I can be of assistance.
Broker Associate, GRI, SFR, NHS
Real Estate Consulting, Marketing & Sales
Prudential Tropical Realty
2539 Countryside Blvd #3 Clearwater, FL 33761
VIEW PROPERTIES ON YOUR SMART PHONE
TEXT "PAMELA" TO 727-213-5142
Annette Lawrence, Broker/Associate
Remax Realtec Group, Inc, Palm Harbor, FL
Let's chat real estate on: http://www.RealEstateMadeEZ.us