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The other side of foreclosures |
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So, you want to buy a foreclosure? I wrote about the ugly side of foreclosures recently. They can be pretty ugly. But, there are jewels in the dustbin occasionally. It just takes a little searching. Over on LilburnDwellings.com, I outlined a few deals that |
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So you want to buy a foreclosure? |
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I was with a buyer last week that wanted to look at a certain foreclosure home that they had seen listed. The price seemed a little high, but they thought there might be room for the bank to wiggle... It had been on the market for about 8 months. When we walked in the door, the odor of decay was overwhelming. Literally. We couldn't walk into the house for more than a moment. Of course, there was no power, the HVAC had not run for at least as long as it had been on the market, probably longer. There was (probably) a roof leak... and the moisture had allowed mold to grow unchecked. |
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Prepping for the marketing takes how long? |
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I am slow to bring a property to market. And I am proud of that. In fact, I think that more agents should be slow to bring a property to market. There are a few things that NEED to be done, and should really be done before the property is listed in the MLS or anywhere else...
- Photos of the house and property
- Virtual tour
- Website
- Flyers or brochures
- Video tour
- Staging
We all know that the absolute most important time to have everything right and in place for a listing is |
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