Bryan

Matthew is steering you right! There is no way to guess what future appreciation will be and the factors he mentioned are your best bet for a home search. If you need further guidance and are not already working with an agent, you are welcome to contact me and I will schedule a meeting with you and we can see what your best options are. - Tue Apr 28 2009, 22:22

This information is also available in the county tax records, which are usually available online. But your best bet is to find a good agent who can help you interpret those figures and know what they mean. I do not personally work in Oconee Co., but if you e-mail me, I would be happy to help you track down a good agent in that area. - Tue Apr 28 2009, 22:18

The price is NOT set in stone, far from it!

Pros of a bank owned property: if you are careful, you can get a great deal and you will learn a lot in the process (about real estate), which might prove valuable to you in the future.

Cons of a bank owned property: you MUST approach is carefully and learn a lot about real estate in the process; for there are many pitfalls and quirks that you might never guess about! You can really wind up in a pickle if you don't know what you're doing.

There's a lot more to this subject than there's space for here. You are welcome to e-mail me with more detailed questions and I will be glad to try to point you in the right direction, but ultimately you will want to seek proper representation and proceed cautiously. Again, I will do my best to help you with that, if we find that we will have a good working relationship. - Tue Apr 28 2009, 22:13