Home foreclosures are not quite as common as they were a couple years ago. According to Realtytrac.com, 1 in every 1903 houses for sale in the US is a foreclosure. Just because there aren’t a lot of foreclosures on the market doesn’t mean you shouldn’t buy one.
Many people think buying a foreclosed home takes longer or is more difficult to close than a regular home, but this is not the case. Buying a foreclosed home generally requires the same amount of time and work to close as a owner sold home. If you are interested in foreclosures, or just want an agent who is already educated in foreclosures, feel free to reach out to me personally.
Written by: Robert Judy