If you are a home buyer interested in purchasing a distressed home that resulted from bank foreclosure, you may find it challenging to find one.
It is not easy to find such great deals if you search for them online. You will need the help of an experienced real estate professional in Rhode Island who knows where and how to find these foreclosed properties quickly.
Check out our Foreclosure Hotlist!
Finding a Real Estate Agent Who Has Access to a Foreclosure Database
If you are searching for a foreclosure, you know you could probably find a great deal. Although foreclosures can be an excellent opportunity to save some money, you definitely want to find a seasoned real estate agent to ensure that you are not purchasing a home that will not be in your best interest.
We have a new free service that automatically searches and downloads a current list of all properties day in and day out. When you receive this free, no-obligation service, you’re automatically plugged into the most current list of foreclosure properties on the market in the price range and area that interests you.
You can also have access to updates of the list as new properties are added. Here is a trusted and accurate Distress Sales and Bank Foreclosures Hotlist we have in our database for free.
You can access this private list by clicking the link above or filling out the form at the bottom of this page. You will then be ready to receive updates as new foreclosures are found.
Why Are Foreclosed Homes Cheaper?
Have you ever asked yourself why the marked-down price is often significantly lower than other similar properties in the same area?
The bank wants to get rid of it and recoup as much of their loss as possible.
Foreclosed homes are cheaper because they are sold as-is. If there’s damage, repairs by the owner aren’t part of the equation. This may or may not be a double-edged sword, depending on the situation. Take into consideration how much work will need to be done and add it to the sales price to ensure you save money and get a great deal.
Help with Buying a Foreclosed Property in Rhode Island
If you are searching to buy the right home at the right price point for you but do not want to be taken advantage of or fall into a money pit, our agents at Your Home Sold Guaranteed Realty-The Nathan Clark Team have your back.
Your satisfaction is always guaranteed. Call us at 401-288-3557 or fill out the form below.