Mountain Home Foreclosures
There are multiple benefits to owning a foreclosure property or properties, and with Hughes Group's up to the minute listings for Mountain Home foreclosures, you'll be closer to catching that great deal.
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Mountain Home Distressed Properties - Foreclosures
Mountain Home is a rural community located about 40 miles southeast of Boise, with about 15,000 people. Mountain Home creates a draw with the Mountain Home Air Force Base, which employs 4,500 assigned military.
Mountain Home has experienced a number of foreclosures, a legal process where the lender attempts to retrieve as much of the money owed on a property where the owners have stopped making the payments. Banks are not in the business of owning homes, and don't want the responsibility of the upkeep expenses they require monthly. As a result, banks are willing to release these homes with favorable financing terms under the right circumstance. Often, foreclosures are available at prices below market value and can be the profit makers for many real estate investors.
You don't have to be a real estate investor to take advantage of a foreclosure. You might be a first time home buyer, or a seasoned home buyer and your eye has caught on a Mountain Home foreclosure that would be your perfect house for either your primary residence or maybe a rental. All types of home buyers can and should take advantage of these great home deals if they're in the market for a home.
There are a few things to take into consideration with a foreclosure before you take the plunge. Often times with foreclosed homes the owners have left the property in a state of disrepair. The level of disrepair in foreclosed homes vary from a few minor repairs to sometimes major ones. In either scenario it's important to have the home inspected so you know exactly what you're getting yourself into, as all foreclosed homes are as is sales. Because foreclosed homes had owners who were likely evicted, these homes are always move in ready. You won't have to wait for the previous owners to clear out.
Hughes Group has a team of experienced buyer agents who know Idaho and have dealt with a number of foreclosed properties. It's important to have agent representation whenever a distressed property is concerned to help you navigate the process and result in the best possible outcome. Check out the MLS for available Mountain Home foreclosures and contact one of our agents today!
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 August 29th, 2016 at 8:07am MDT.