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Short Sales, Foreclosures and Hud Homes are selling in Dallas Fort Worth. The prices vary from Low Priced Homes to Expensive Luxury Homes. New Homes in great neighborhoods are in Foreclosure. Buying a Foreclosed Home can be a good investment
Foreclosure is a Property that is owned by the Bank. Most of the larger Banks have a large Inventory of Foreclosed Homes at this time. Foreclosed Homes are from $10,000 to $100,000.00 below Market Value! Foreclosed Properties are sellng at amazing prices! Loan Modification and Short Sales cut the increased amount of Foreclosures.
Loan Modification is when the Bank adjusts the terms. Loan Modification make it easier for the Homeowner to make the payment. Loan Modification is a great way to save your Home from Foreclosure. A Bank does not want to Foreclose if they can find a better way.
Short Sale is another option. Short Sales keep the Bank from having Foreclosed Properties. The Bank approves a lower amount than is owed to keep the Property from Foreclosing.
Hud Homes are Government owned FHA Foreclosures. Hud Homes are bought in “as is” condition. It is important to get a home inspection when buying a Hud Home. You need an experienced Realtor that works with Hud Properties to bid on a Hud Home. When bidding on a Hud Property there are critical timelines that must be met. A Real Estate Agent will have the Master Key to show you any Hud Homes on the market. Here is the link to view Hud Properties www.firstpreston.com
For a list of Foreclosures in Dallas County and Tarrant County call or email us. Cheryl Brewer & Associates cheryl@cherylbrewer.com 817 217-0005
Multimillion Dollar Producer
Top Sales Agent 1997-2008
