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Sara Pichelmann
- 1 Helpful Answer
- 10 Answers
- 4 Listings
Specialties:
Gated Communities,Southest Valley
Sara Pichelmann answered:
Many investors are putting offers to purchase properties from homeowners that are upside down on their home loans, while looking for buyers to purcahse the same properties at a higher price.
They cannot follow through with the transaction until the bank agrees to sell the investor the property. This sometimes takes longer then expected. This practice is not highly looked upon but legal.
When buying property in todays market it is always best to ask your Realtor to check to see who actualy owns the property.
Sara Pichelmann
Keller Williams
480-495-4175
They cannot follow through with the transaction until the bank agrees to sell the investor the property. This sometimes takes longer then expected. This practice is not highly looked upon but legal.
When buying property in todays market it is always best to ask your Realtor to check to see who actualy owns the property.
Sara Pichelmann
Keller Williams
480-495-4175
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