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Mike Castle
"Experienced Real Estate Broker"
- 2 Answers
- 15 Listings
Experience:
Real Estate Broker for American Dream Realty
September 2001—present
Selling homes, land, investments.
Selling homes, land, investments.
Specialties:
Sales of homes, land, multi-family and investment property. Waterfront and ocean view properties.
REO property, bank foreclosures, bank owned property. ... show more
REO property, bank foreclosures, bank owned property. ... show more
Certifications
& Awards:
& Awards:
Certified Residential Specialist (CRS)
Graduate Realtors Institute (GRI) ... show more
Graduate Realtors Institute (GRI) ... show more
Interests:
Snorkeling and scuba diving. Hiking, biking,snow and water skiing. Snowboar
... show more
About:
* 30 years of real estate sales experience
* Licensed real eatate broker and appraiser ... show more
* Licensed real eatate broker and appraiser ... show more
Testimonials:
"Mike is an experienced professional that negotiated an excellent purchase price for me on my first home."
Linda Sat Apr 5, 2008 ... show more
Linda Sat Apr 5, 2008 ... show more
Mike Castle answered:
The are so many important issues to be concerned with you shoule have an experienced Realtor guide you through the process. Here are just a few recommendations; obtain a home inspection, pest control inspection, and if the property has a well or septic tank have those inspected as well. Most lenders will
not supply these to you, you must get them on your own and the cost could exceed $1000 for all.
These are a necessity. I have seen many lender owned property sales fall though after al these reports have been obtained. The reason? The lender will not normally correct any deficiencies in the property. they sell homes "As-Is". Many normally mandated seller disclosures are not required for lenders selling foreclosed properties. The other imprtant item is to check comparables or retain a licensed real estate appraiser to value the home for you and if possible make sure the appriaser knows of any deficiences you have discovered and what the negative affect is on the present value of the property.
not supply these to you, you must get them on your own and the cost could exceed $1000 for all.
These are a necessity. I have seen many lender owned property sales fall though after al these reports have been obtained. The reason? The lender will not normally correct any deficiencies in the property. they sell homes "As-Is". Many normally mandated seller disclosures are not required for lenders selling foreclosed properties. The other imprtant item is to check comparables or retain a licensed real estate appraiser to value the home for you and if possible make sure the appriaser knows of any deficiences you have discovered and what the negative affect is on the present value of the property.
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