Select A Department:

Courses in this Department

How Ready Are You to Buy a Home?

Determining Your Dream Home and Finding It!

Factory Built Homes Are Worth a Look

Purchase Manufactured Homes with FHA Loan

How to Buy a Foreclosed Home

Pros and Cons of Corner Lots

Know the Neighborhood Before You Buy

Tune in to an Open House on the Radio

Finding a Qualified Broker or Agent

Shopping for a Loan and Choosing a Lender

How to Improve Your Credit

How to Survive the Loan Application Process

Making an Offer and Signing Contracts

Cancel Your Contract in 3 Days

Understanding the Closing/Settlement Process

Choosing Home Inspection and Settlement Professionals

Double Check Your New Home - The Walkthrough

Know Your Consumer Rights

Seniors Have Many Housing Opportunities

Preparing for the Big Day -- Relocating Moving

Make Your Home Your Castle - Cost Effective Redecorating Ideas


Benefits of Buying One

Why Consider Buying a Foreclosed Home?

The Benefits

The two biggest reasons any homebuyer should consider a foreclosure sale are:

More flexibility in loan and purchase terms, and a better price!

As a Consumer:
You Can't Afford NOT to Look at Every Option!

And foreclosure sales are definitely worth a look. The real estate market is hotter than ever-the home buying binge has forced prices up and supply down. In many metropolitan areas, homebuyers race to open houses, and try to outbid each other.

On a distressed property, you can often negotiate better terms and a better price, because you're dealing with a motivated seller.

What Are the Possible Downsides?
Are there any?

There are risks to every home purchase, and distressed properties are somewhat unique. You'll need to make sure the home is free of defects or damage. There might be a little more red tape involved than a standard home purchase. And you need to make sure the long-term property value is sound.

It's Just Weighing the Pros and Cons

Ignore the myths and explore the real story! Let's look at foreclosure sales and how to find one that might put you into a home at a great price!

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