Irie, Home Buyer in Connecticut

How do i go about contacting an agent and viewing a foreclosed property?

Asked by Irie, Connecticut Tue Apr 22, 2008

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5
Anne Glaser, , Easton, PA
Thu May 21, 2009
Foreclosed properties can be viewed by appointment, like any other property "on the market" . BUT chances are you will not be able to get the Listing agent to call you back for a showing, that is the agent/agency on the sign in the yard.
Call a Realtor in your area, and have him or her show you the property. Based on condition, comparables, and price you can make an informed decision. I had a buyer who purchased a move in condition foreclosure...those, however, you have to move on fast. Get your Realtor to start looking for props and alert you when they come up. They are vacant, so very easy to show.
0 votes
Anna M Brocco, Agent, Williston Park, NY
Thu May 21, 2009
Keep in mind that not all foreclosed properties are good deals, some do need a lot of work. If you need assistance feel free to call or e-mail.

Anna
abrocco@laffey.com
917-576-5376
0 votes
Reese Harvill, Agent, Vancouver, WA
Thu May 21, 2009
A good realtor will be able to guide you thru this process. Banks who forclose on homes use listing agents in each area. The listing agent represents the bank. Their job is to get as much money for the bank as possible. You need your own representation. Your Realtor's job is to get you the best deal possible. This should not cost you anything, because the bank will normally pay all commissions and these have been agreed on long before you or I came along. I've been selling homes since the 70's and THIS IS THE BEST TIME TO BUY...and the market will change so Git R' DONE...
0 votes
Reese Harvill, Agent, Vancouver, WA
Tue Apr 22, 2008
Forclosed property is lender (bank) owned property. They normally have real estate agents represent their REO (real estate owned). Many peeople believe these properties are are cheaper. Maybe, but you take your deal where you find it.
0 votes
., , Grand Rapids, MI
Tue Apr 22, 2008
Irie,

You should first find a Realtor that you like to represent you as a Buyer's Agent and then have then set up the appointment for you.

Your should always have your own Realtor to represent your interests.
Web Reference:  http://www.OwnGR.com
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