Certified Residential Real Estate Investment Specialist
Best wishes -
When you take your road trip, knowing the right locations in an unfamiliar area is not so easy, unless you have help from a knowledgeable Realtor. Wherever you go, I would suggest that you contact a Realtor for advice and help. Also, the Offer to Purchase and any additional forms vary state by state.
In the Triangle, the most frequent buyer since May, 2009 is a 1st time home buyer. High priced houses are not selling as easily.
I'm selling a short sale right now and the interest has been tremendous, along with 3 offers. Please call me if you want to talk about your trip. I wish you the best of luck.
Vivian Olkin w/Keller Williams
REOs can be a good deal, but by the time they are listed, everyone passed on buying them on the courthouse steps. In other words, it is hard to get well located properties as a REO, and most of them have substantial problems.
You can also get some good deals when the sellers are relocated, as the Relocation benefits can make the price better on a good house.
Some of the screaming good deals are on houses that no one wants to buy. If you have to brag about the price you paid every time you look at it, you made a mistake if you want long term appreciation.