The Pinellas Peach

Are You Courageous Enough to Buy A Palm Harbor Foreclosure?

ADDED May 23, 2008 0 COMMENTS

There are several proven ways to snag a great bargain on Palm Harbor real estate. 

Ideally, and it happens every day, you’ll find a nice property with a motivated seller that’s not in foreclosure and will sell at a Pinellas Short Sale price.   We’d recommend buying a home this way all day long!!

However, maybe you like to sky-dive for fun and your friends consider you courageous?

If  you are flexible, willing to take risks, not in a hurry and are o.k. with the idea of being outbid time after time after time after time on potential Palm Harbor homes before finding your golden nugget, and, finally, have the patience of Mother Theresawe have proven methods to locate and negotiate your perfect Dunedin home at a below-market price.

There are only 3 effective strategies to buy foreclosed properties:

1)  At auction.  Unless you’ve got all cash, are willing to take enormous risks and or are an experienced investor, STEER CLEAR !!

2)  Short Sales (pre-foreclosure).  We are Pinellas short sale experts and are specially HREU certified to negotiate and manage these transactions with finesse.  By the way, if you have a friend or co-worker not able to keep up with their monthly payments, give us a call at (727)366-0324 to discuss how we may be able to help them renegotiate their current interest rate down or do a short sale at no cost to them.  There is help available from people that care (us!).   

3)  Foreclosed (REO) homes.  There’s a common misconception that Pinellas foreclosures being sold by the banks are always a great bargain and that the banks are easy to negotiate with.  The frightening truth is that sometimes these Palm Harbor homes are seriously overpriced and the banks are highly inflexible.  Yet we’ve successfully nudged and budged quite a few into line with the Pinellas real estate market!

No two situations are alike, and we urge prospective buyers of Palm Harbor real estate and Dunedin homes alike to use the services of a licensed real estate consultant specifically trained in short sales and foreclosures.  As an entree in to this other-world, dive in and enjoy the Wall Street Journal’s recent article Ways to Buy Foreclosed Homes Beyond Auction

If you’re brave enough, contact us and get started now.  

Or we can find a home – and a great bargain – the good old-fashioned way.

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