Buying a Distressed Home
It used to seem that buying a foreclosed home or a short sale home was an adventurous thing to do that few actually participated in. Distressed homes were commonly ridden with problems and not well taken care of. Today, however, as many as half of the homes in certain real estate markets are distressed properties. And due to the economy, many of the homes available in the distressed market are/were owned by responsible homeowners who have left the home in excellent condition.
These types of real estate sales have different dynamics than traditional sales. There is more paperwork, a lengthier transaction process, and they can be an emotional roller coaster for the buyer! These reasons are enough to keep a lot of potential home buyers away from the distressed home market, but if you can stomach the potential pitfalls of purchasing a distressed home and work with our experienced distressed market team, you can secure a fantastic home and a substantial discount.
We have years of experience working in the distressed home market and can help you determine if purchasing a distressed home is the right choice for you. Through this site we hope to help you understand the process of purchasing certain distressed processes to help you better determine if you are up for the advantages that buying a distressed home can offer. Please contact us if you have any questions regarding the distressed home process!