The Pre-Foreclosure Property

When homes get in to the Default Stage of a pending Foreclosure, the options are limited. If refinancing can not be obtained because of credit or in-sufficient equity, then excluding Bankruptcy options, the best solution is the sale of the property to prevent the auction and try to retain some equity. Sometimes time is restricted to complete a normal sale.

As your Buyer Agent, we can research the property and make contact with the owners on your behalf. These types of purchases can be extremely valuable as prices are generally below market and the equity is gained upon closing. Jade understands how to negotiate on your behalf.

The Auction Purchase

Bidding at a Foreclosure Auction can be exciting as well as intimidating.
Buying at Auction involves a combination of research, due diligence, bid strategy and most of all, patience. It’s most important to understand the process. Although, the property is being sold in an “As Is Condition” with no contingencies, the benefits can well out weigh the down side. If the property is being purchased for investment reasons, then the bid price and future sale value have to be determined in advance to maximize profit. Condition of the property and associated costs are relative to the bid price.
If the purchase is for personal use, then the opportunity for instant Equity is huge as well as achieving home ownership at a higher level of value than a normal sale.

Jade Agents have the expertise because of training and personal investor experience. The Fees and Costs for this service are different than traditional real estate services because commission is generally not included in the transaction. Call to set up an appointment on learning how to take advantage of this exciting marketing strategy.

Bank Owned

The banks do not like to be property owners and want to sell the property as quickly as possible. Jade can contact the bankers, lawyers and brokers if applicable and negotiate the deal. We understand the Foreclosure Process and are well versed in the subject manner so as to be able to come to favorable terms for you the Buyer without the standard delays and difficulties.