Yes Banks are playing the own and wait game also, they feel that some homes will give them a better return in a near future market and the bank on this inventory to possible break even or even bring in a profit. Go to a local Realtor and ask them to look up all the public information on these properties, then make sure the bank is the proper owner, we had a mess here in Florida a while back and a large amount of REO sales fell through because titles needed to be cleared because the banks had improperly recorded them.... more
One of the difficult things for most people to do is to determine the difference between an update and an upgrade. It is incredibly easy for our tastes to remain locked in time, so our choices of finishes can turn out to be as dated as the items that they're replacing.
Many home-improvement stores will lend you a designer for a trifling sum, who can help you choose something that will be eye-popping to prospective buyers and fit into both your budget and existing fixtures.... more