1. More home for your buck. How? By taking advantage of potentially lower interest rates and dramatically lower prices, two ways in which banks entice buyers to take a losing asset of their hands—fast! Bank-owned (REOs) and foreclosed upon properties average discounts between 20% and 25% off their overall retail value. Buying the property “as is” can get you even deeper discounts.
2. More properties to choose from. There’s a massive, seemingly unstoppable inventory of repossessed homes that banks are struggling to offload during the current economic downturn and historically high spike in foreclosures. The bank’s goal is to sell quickly to qualified home buyers at significantly discounted rates. Some bank-owned homes can drop as much by as much $10,000 to $20,000 in just two weeks.
3. Bank-owned homes are easy to find. Simply call the Shandrow Group to tap into our ever-growing list of Southern California bank-owned properties and foreclosures for sale. You can opt into our VIP list now. No major time commitment on your part. No endless searching. No pressure. No hassle.
4. What you see is what you get. Unlike real estate auctions, you’ll be able to personally view exclusive, Shandrow Group listed bank-owned properties inside and out before buying. That way, you can feel confident moving forward. No lingering sight-unseen concerns. No problem.
5. Less tax hassle. A bank typically settles its property’s tax issues and liens upon repossession, meaning less hassle, time and money on your part.
Your trusted connection to Southern California’s exciting foreclosure market,
Mark Shandrow
REO Broker-Associate
The Shandrow Group
Keller Williams Realty
markshandrow.com
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We’re in one of the worst financial times and the best to take advantage of real estate. Unfortunately trying to get money is super hard. Even with great credit its extremely difficult. Today’s market like any other is great for those that already have money and its bad for those that don’t.