The Myth about Foreclosures Saving Buyers $$$

Lists of Foreclosures are not available online anywhere for free, are they?

Is it worth the subscription price? In Omaha, I doubt it.

The myth of GREAT deals for REPOs:

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Conclusion: Don’t go into this thinking you’ll get a $400,000 home for $50,000 if it's a REPO/Foreclosure.

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I’ve been a Certified Appraiser and Real Estate Broker for nearly 30 years.

• When a Lender forecloses on a property, one of the first things they do is order an appraisal, thereby achieving a more accurate List Price based on market comparisons.

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• Many of the REOs need work and many of the homes also have no appliances, etc.

• That's why your real estate agent is your very best source for buying a home.

If you are serious about buying or selling a home, I strongly suggest you engage the services of a professional real estate person. A great place to locate such a professional is 4114Homes.com.

Thanks,

Terry Kempf