3 ms·
Any tips on where to find them? When I look through the mls I see very few forclosures.
by tocomment 16y ago
Any tips on where to find them? When I look through the mls I see very few forclosures.
- brc 16y agoI don't have any tips but you're very unlikely to find any good deals on the internet. I would identify a target area and devote 3-5 days just hitting the ground and running the numbers on places. You should know the numbers already so when you see a place you know whether it is pass/fail on inspection. It's a universal rule of Real Estate that good deals never reach the paper, the internet or even the front window of the agency office. In fact they rarely make it past the first page of the agent's buyers contact sheet. Find an agent in the area you want to buy in, make it clear to them you are serious and give a definitive description of what you want to buy. Make it easy for them to do their job. Every agent wants to sell a place on the way back from getting a seller to sign up. Your number must be on the list of people to call. But don't give them a loose description or they will try and sell you the first piece of crud they find. Be very clear on the description and list out factors that will disqualify a property (main road, certain neighbourhood, certain type of construction, etc). Start making offers. Sooner or later you'll end up with a place.