Are foreclosures and short sales the best way to get a great deal?
It pays to look at everything that’s out there! The listed prices for foreclosures and short sales are usually less than other properties, but in Mendocino, often not by much. Depending on property condition, it could take more time and money to buy and then fix up a low-priced REO than it would to purchase a non-REO that didn’t need as much work. Many homes in good condition are coming on the market now at extremely competitive prices, and anyone who is considering the purchase of a foreclosure or short sale would be advised to look at other properties as well. To search for all the bargains, and not just foreclosures and short sales, search the MLS on our website. Better still, contact Scott and we’ll set up a personalized search just for you in your price range. Acting as your agent, I can often negotiate an even better bargain for you on a “regular” sale than you could get on a short sale (without all the wait and uncertainty).
