http://montgomerycounty.choicerealestate.net/2009/04/repairing-short-sales-bank-owned-properties/ Choice Real Estate® Thu, 17 May 2012 09:46:53 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://montgomerycounty.choicerealestate.net/2009/04/repairing-short-sales-bank-owned-properties/comment-page-1/#comment-1233 Dan Simon - Charleston SC Real Estate Tue, 14 Apr 2009 23:09:44 +0000 http://www.choicerealestate.net/blog/?p=236#comment-1233 Great points, thanks for sharing. FHA and FHA 203K loans have really helping in the Charleston SC area - they really do work but you need to do your research. There are some great opportunities out there for buyers in today’s market. I get calls daily from buyers interested in putting an offer in on a “short sale” or a “bank owned” property. A “bank owned” or a “short sale” property does not automatically make it a “great deal”. After you do all of the repairs that may be needed etc…. what have you really gained? There could be a home listed just down the street with realistic sellers who have taken good care of their home that could just as good an opportunity. A buyer should find a “buyer’s agent” that will explore all the options! <strong><a rel="nofollow" target="blank" href="http://www.charlestonhomesforyou.com" title="" rel="nofollow">Dan Simon- Charleston SC Real Estate</a></strong> Great points, thanks for sharing. FHA and FHA 203K loans have really helping in the Charleston SC area - they really do work but you need to do your research. There are some great opportunities out there for buyers in today’s market. I get calls daily from buyers interested in putting an offer in on a “short sale” or a “bank owned” property. A “bank owned” or a “short sale” property does not automatically make it a “great deal”. After you do all of the repairs that may be needed etc…. what have you really gained? There could be a home listed just down the street with realistic sellers who have taken good care of their home that could just as good an opportunity. A buyer should find a “buyer’s agent” that will explore all the options!
Dan Simon- Charleston SC Real Estate

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