It's the time in your life when you find yourself suddenly in the daunting market of real estate. You're considering Eagle, one of the most beautiful, well-kept areas of the Boise metropolitan area for the home of your investment. Eagle is home to some of the most sprawling estates in the area, but that doesn't mean some of these homes haven't fallen subject to the housing crisis.
You may have been giving some thought to either a foreclosure or a short sale property, and with Start Packing, we've got the facts to help you make an educated decision.
This Home Has Tons Of Equity Potential. It Is A Wonderful Neighborhood That Has Updated And Higher Priced Homes All Around. This Once Loved Home Has Been Vacant For Approximately 3 Years And Does Need Some Love And Attention. Once Received, The Potential F...
Short sales can be some of the very best deals in real estate. Short sales occur when the sale of the home falls short of the balance of debts secured by the lender. The bank will accept less than the amount owed, which is a good alternative to foreclosure. However, short sales do still reflect negatively on the owner's credit report. Also, it's not the easiest thing in the world to get granted the ability to have a short sale against your home. It's a lengthy process, a timely process, and a stringent one.
Speaking of lengthy processes, purchasing a short sale is no less time consuming and detailed oriented than putting your house up for a short sale. However, It can be a very rewarding process as some of the greatest savings can be had through purchasing a short sale.
There are a couple things that should happen almost simultaneously as you search for Eagle short sale properties. Lenders and sellers will want to see that you're pre-qualified. As you get your finances in order, make sure your credit report is accurate, and that there are no mistakes. Sit down with the lender and discuss what you can comfortably afford each month. You'll be ahead of the game if you are pre-qualified.
It's important to find an experienced short sale agent. Start Packing has a team of experienced agents who will work tirelessly with you through what can be a long and arduous process when it comes to securing the keys to a short sale.
With the right agent and your financing in order, you have the tools necessary for a successful short sale. Keep in mind that as you find your dream Eagle short sale, it can take weeks and even months before the bank approves your offer. Patience is key.
Contact Hughes Real Estate Group to connect with a local agent. We're standing by, ready to help you at a moment's notice.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.
Listing information last updated on June 27th, 2017 at 5:22am MDT.