Saturday

As a Consumer


As a Consumer

Do you want to help with an invisible stimulus? Well, if you’re a home buyer and you would like to help. Look for people who are facing foreclosure. How do you find these opportunities? Simply ask: realtor, broker, or for sale by owner. These people are very motivated sellers and would like to sell their home fast.

Pre foreclosure
If buying from a seller you can help these folks out by buying their house, for a short sale a two year time period the seller will be able to buy another home. The house will be below market value to move it quickly. This will enable a payoff for the lender.

Foreclosed
Some family has already gone threw with losing their home and their credit is now on record for the next seven years before buying a new home. The house will go for 40-50% of the market value, but is that what you want? This will enable a payoff for the lender.

Pre foreclosure
The more houses that get sold before the auction date will perform as a stimulus for every house bought before foreclosure. There will be more monies spent in the areas that will benefit us all.

Foreclosed
Houses that go into foreclosure have upkeep expenses, court costs, attorney fees; late fee's to mention a few.

Pre foreclosure
Buying a home would not only generate cash for the lender, but pay off old debt from the seller.

Foreclosed
Buying a home would create cash for lender.

So, when buying a home what would be your choice? Would you be a neighbor and help someone in need?

Or would you buy a foreclosed home?

Creditors are really in the business of making money so, if things continue will the economy get better/worse?

Click Here To Q&A

1 comment:

lidiya said...

Hi,

We have just added your latest post "controversy: As a Consumer" to our Directory of Foreclosure . You can check the inclusion of the post here . We are delighted to invite you to submit all your future posts to the directory and get a huge base of visitors to your website.


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Foreclosu-re.info Team

http://www.foreclosu-re.info