I've worked with many buyers recently who have been interested in purchasing a foreclosure. We all know that the market is saturated with them and I always tell my clients, "Why not, but be careful".
I came across this article (from Bankrate.Com) just a short time back that is worth the reading when it comes to buying a property that is a foreclosure. The advice could save you money and other mistakes. I urge you, if you are thinking about making this kind of purchase to invest five minutes of your time in reading this.
7 Steps To A Great Foreclosure Buy
Remember this about purchasing your next property: Knowledge is power when buying Real Estate. On the other hand, zeal without knowledge can be very dangerous.
David Burrows, Realtor
Envirian of Warrenton,
110 West Shirley Avenue,
Warrenton, VA 20186
Real Estate Thought For The Day: Purchasing a house is a challenge in any market. Employ a Professional Real Estate Agent to assist you in this process. A Licensed Agent should not hesitate to supply you with references when it comes to his/her previous work.
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David L. Burrows, Realtor®
Classic Realty, Ltd.,
7529 Presidential Lane, Manassas, Virginia 20109
Serving: Gainesville VA, Haymarket and ALL of Northern Virginia
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