Chad Ochs

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Location:	Odenton

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How do i get more info.on a pre foreclosure home. Is the price you see on the website the price you pay?

Asked Tue Feb 12 2008, 13:27 by David Craig - Kissimmee - Foreclosure - 13 answers

Chad Ochs answered:

Am currently going through the short sale process right now. I believe that there are some very good deals available through the short sale process, but you must have time, have patience, must get inspections, and must be pre approved. I set an deadline with myself, 4 weeks. If I don't here back by then I move on. My realtor keeps me posted twice a week and assisted in putting in clauses that would protect me should something about the house turn out to be a show stopper. Keep in mind it may not be the best deal. Some homeowners have more wiggle room because they purchased before the "boom". Your opportunity cost on a short sale may be missing a great deal on a conventional sale. Do the analysis and weigh the pros and cons, then go for it. - Tue May 13 2008, 09:57

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