Some people are daunted by the current real estate market. Do you invest now or wait and see what’s going to happen? One way to know you’re buying the very best possible deal on a home in Highlands, Cashiers, Glenville, Sapphire and Lake Toxaway is to buy a foreclosure property. Foreclosure properties are well-known for being as good a deal as anyone can get anywhere. Generally, foreclosures ARE the best possible home purchase to make.
When considering a foreclosure home to purchase, remember that the home is probably going to have to have some repairs made, and there will be some appliances that will need to be purchased. If spending $25,000 to repair and replace, does it make financial sense to purchase a foreclosed property? In many cases, it does. In SOME cases, it doesn’t. Point being, when considering a foreclosure, bear in mind what might have to be spent…do your due diligence before closing! Have a home inspection. Get a contractor’s opinion. Price appliances. If you can get a good deal on a home and not go through the repair/replace process, that could be the answer. Talk candidly to your Realtor. See what’s out t