Top 5 Foreclosure Misconceptions — 2 Comments

  1. Good stuff. I like no. 2 and no. 3. No. 2 works in the banks favor and no 3. prevents many buyers from getting good homes, because they are always beat by someone else who sees the real value.

  2. Too true Artur – there are buyers who believe #3 because they read it online only to have to learn the hard way by losing out on excellent homes at excellent prices. Sometimes the winning solution is to simply not lose the home to a higher bid. I have buyers I’m working with now that did things the right way and are going to be enjoying a beautiful home that’s still the lowest sale in the area because they realized the value and bid accordingly against 7 other offers.