Tuesday, August 17, 2010

Opportunity Is Knocking

The $ 8,000.00 tax credit went away but it is still a great time to buy. That was just one door that closed on the market, there is still several doors and windows open.

One of those windows is distressed properties. Let me help define distress properties for you. These are homes that are in short sale or foreclosure or bank owned. 45 % of homes sold in the United States are distressed properties. The term distressed does not relate to the actual house condition it is the term for the finance situation. The house could be in fine shape and still be a distressed property.

There is a process to purchasing a distressed property but there will be equity in the home at the exchange of keys.

If you would like to know more information about purchasing a distressed property contact me.

Alicia Crouch, REALTOR
Keller Williams Realty
http://www.soldbyalicia.com/
http://www.buyingahouseafterforeclosure.com/
(864) 529-5198

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