It’s so important that someone who is looking for Port Charlotte bank owned property, foreclosure homes, reo’s, work with a licensed real estate professional, that can lead you in the right direction and help protect your interest in the property. There’s so many factors when dealing with real estate that someone who is not familiar with the process would be lost. A licensed real estate professional can lead you in the right direction. Here’s an example of a situation where Bob contracts with the bank directly or should I say, contracts with a foreclosure company. Bob buys the foreclosure with cash AS-IS sight unseen for a great price. However there are a few things that Bob didn’t take into account when purchasing the bank home like the following below:
- Bob didn’t take into account that this home has Chinese drywall
- Bob didn’t take into account that this home has back taxes.
- Bob didn’t take into account that this home has easement issues.
Bob now knows the bank doesn’t have his best interests at heart. When looking for real estate for sale or bank owned property, foreclosure homes, reo’s. Working with a licensed real estate professional can explain the process of buying a home. I would suggest you use a professional such as a license realtor attorney or a real estate agent that knows that local market in your area. Port Charlotte Florida has a lot of bank deals right now that could really be beneficial for real estate investors or people looking to relocate to Port Charlotte Florida. people who are looking to take advantage of the current real estate market situation prices are still low and affordable not to mention interest rates are low.
If you’re looking for Port Charlotte bank owned property look no further we specialize in finding great foreclosure deals in the Port Charlotte area. We have relationships with investors bankers realtors and people who deal in the real estate market of foreclosures and such… http://flaopenhouse.com