Short Sales and Foreclosures

There are thousands of foreclosed homes and short sales, there has never been a better time to get a great deal. But before you do here are a few tips because there can be expensive problems. Know what getting into before you buy a foreclosed property or short sale. Owners of foreclosed properties do not want to leave there homes. They can and do take there frustration out on the property. One property that was taken over by the bank found that 1200 gallons of cooking oil was dumped into the septic. The previous owner is currently under investigation for the incident but has not been charged. The previous owner had a bio-diesel company. Owners have removed toilets, sinks, damaged flooring and actually taken out widows. Properties that are empty can run into serious problems also, water damage, pipes freezing, mold, thieves, and rodents.

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