Saturday, January 19, 2008

Countrywide Foreclosures

This blog is dedicated to the prospective purchasers of Countrywide Home Loans foreclosed inventory.

As a Countrywide Home Loans preferred Realtor I know the requirements to submit an acceptable purchase offer. I am on the Countrywide preferred agent list and what this means to you is that often times, I am made aware of properties hitting the market, BEFORE many buyers even know about them and before they are listed on the open market and offered to the general public so contact me today!

Interested in a good deal? Interested in a home that is below value? Contact me today and lets get your acquisition strategy together. Getting a formal loan application into my contact at Countrywide is the first step in preparing to acquire a Countrywide owned home. A good home inspector is also necessary to uncover any flaws. This is because their homes are sold in "As-Is" condition and they are willing to mark them down in price to avoid repairs, so you will want to know exactly what you can expect from the home that you select and purchase. These homes are being sold with taxes that have been brought (or will be brought) current at closing, and have clear title.

If you have been pre-approved by a different lender already, that's fine too. You are under no obligation to use Countrywide for your new loan. There are however certain benefits to you (the buyer) such as an extremely competitive rate, a free appraisal (which could save you approx. $400.00) AND think of it this way: If Countrywide is to take a loss on a home because they currently hold a non performing loan, would you think they would be more likely or less likely to accept an offer from you that is less than market value (assuming they could make some of their loss up on the back end and over time by giving you a new loan that they would collect some interest on?)

I have been fortunate enough to deal with many banks and I can honestly say that I am extremely happy with the system that is in place with Countrywide so contact me right away and lets get started.

Are you interested in purchasing a foreclosed home? Contact me today. There is no cost for the representation. The advice you receive however is invaluable! I have put together hundreds of successful purchases for buyers over the years and I am an expert in the field of acquiring bank owned homes.

1 comment:

Whitfield said...

It is very important to have the "As Is" foreclosure homes inspected. Banks are not out to pull the wool over your eyes when selling their foreclosures but they have little to no history regarding such properties therefore, it is extremely important to have these homes inspected. Make sure you use an inspector that knows what to look for in foreclosures. They are usually winterized but the winterization could have been done too late. Be an informed buyer and save yourself a lot of headaches by using an inspector that has bought for himself lender owned homes and can be insightful how you can bring the home upto par.