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WHAT about foreclosures? Can I really get a great deal? Can I
buy a HUD house...I am an investor? Or, HELP! My house might be foreclosed on.
Is it too late for someone to help me?
Oh my! so many questions! Yes, you can
sometimes find a good deal on foreclosed property. Usually you will need to be
willing to do some fix up work on any "good deals" out there.
After OWNER-OCCUPANT BUYERS have had the
chance to bid on a property, HUD will open non-occupant purchasers' bids.
However, we are not interested
in fraudulent real estate transactions. We make our living from knowing real
estate and we are not willing to toss our license in the trash over one or two
or more deals. Besides, we want to sleep at night. The best way to sleep is to
not mortgage your heart.
Are you in danger of loosing your home to
foreclosure and do not know what to do? We may be able to help. Call us! Maybe
your home has gone up in value enough that you can get out from underneath your
mortgage and maybe, just maybe, you will have a bit of cash left over after real estate commission and sale
expenses. Maybe your mortgage company will work with us to get you on your
way. At least give yourself a chance to not ruin your credit history with
foreclosure and/or deed instead of foreclosure. The following is a true story
that happened about 3 years ago:
A family, we shall call them the Smiths, were
having a moving sale. Kevin and I stopped in and began talking to them. We found
out that the family was splitting up, they were loosing the house to foreclosure
and would have to rent so they were selling off their belongings. We asked about
selling the house for them. The answer was it was too late and we should call
Bank of Oklahoma. The family also said that they could not afford a new roof,
new carpet and other miscellaneous repairs. We called the bank and the bank had
not even begun the main procedures. The family had already moved. The house
later sold for more than the family could have known...without any improvements.
If they would have let us we may have been able to sell the house without any
repairs and save their credit history. They may have ended up with a small
amount of cash left over. However, they thought all hope was lost and
foreclosure was just around the corner. They would not listen. We tried to tell
them we might be able to help. What about you? Will you listen? We may be able
to help you also. No promises yet, but do not give up too easily. Call us for a
free evaluation before your final foreclosure notices arrive.
HOLD ON...There may be hope. Call 918-230-3482 before hope
has vanished.
Be wary of investors that have seen
your foreclosure notice and now want to become your "salvation" from
foreclosure. Most investors want to make money. An investor looking at a
foreclosure home is usually not thinking about how nice they can be to you. They
are looking, as all businessmen are, at the bottom line. They are thinking, "HOW
much money can I make?" Be assured, we do not think it is wrong to make money or
to get a good deal. But, we feel that all parties should be aware of the market
value of the property. If you choose to give away your equity...it is your
choice and your right to do so.
We cannot promise that your house will
sell. We cannot promise you that the process will not be stressful, but don't
you owe it to yourself to at least look at the numbers???
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