Greg Freeman

Foreclosures are not always a good deal

While foreclosures and REOs have typically been the best deals when looking at price only, some buyers are just not ready to take on the work required to fix up a REO or foreclosure.

If you are looking for a new home REOs and Foreclosures still offer some of the best deals on the market but when you consider the work and cost of turning your good deal into your dream home you have to keep the dollars and sense in perspective.

A few things to consider...

•1. How much will it cost to paint the house.

•2. How much will it cost to repair/replace:

A. Carpet/flooring

B. Hot water heater

C. A/C and heating unit

D. Pool

E. Light fixtures

F. Leaky bathtub

G. And the list goes on...

S

Spend time with your REALTOR putting together a plan that considers different properties on the market. The best deal for you will factor in all cost of getting into your new home from purchase to move in. Call me Today

Buying a new home can be a big task and it can be a bit scary. Finding the right house and the best location. The forms to fill out, working with the lenders, the inspectors and coordinating the move. It can all make for an overwhelming experience. Your REALTOR can make this a easier and less stressful. Start by asking for a checklist to ease your mind as you check off some of the details and remind of questions you might have. Visit my website for free information to help you in your home search in the Dallas area.