Wellington, Royal Palm Beach, The Acreage, Loxahatchee, Palm Beach Country Estates, and Jupiter Farms, FL Real Estate |
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UNDERSTANDING FORECLOSURES
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A FORECLOSURE IS A PROPERTY THAT HAS BEEN TAKEN BACK BY THE BANK THAT HAS MORTGAGED IT, DUE TO THE HOMEOWNERS NEGLECT OF PAYMENT. MANY TIMES YOU CAN GET A VERY GOOD DEAL ON A BANK OWNED PROPERTY. SOME FORECLOSURES ARE IN BETTER SHAPE THAN OTHERS.
WHEN BUYING A FORECLOSED PROPERTY, YOU MUST BE READY. BY THAT I MEAN YOU MUST BE PRE-APPROVED FOR A LOAN, OR SHOW PROOF OF FUNDS IF BUYING WITH CASH. BE PREPARED TO GIVE UP TO 5% DEPOSIT, SHOW PROOF OF THE FUNDS OF THE DEPOSIT, AS WELL AS PROVIDE THE PRE-APPROVAL OR PRE-QUALIFICATION LETTER FROM YOU MORTGAGE BROKER OR BANKER.
THERE ARE OVER 1000 FORECLOSURES AT THIS TIME IN THE SOUTHEAST COAST OF FLORIDA.
FOR MORE DETAILS CALL OR EMAIL US AND WE'D BE GLAD TO WORK WITH YOU TO FIND YOU THE RIGHT HOME AT THE RIGHT PRICE. |
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