Most homeowners in financial disaray don't want to sell. They usually exhaust all options to keep their home before it is actually taken over by the bank. Maybe at the last minute, they will list it at or just below market value. To find these people it is best to use a licensed realtor sales associate who has access to the Multiple Listing Services, or MLS. These homeowners are very willing to sell and can be more negotiable than most. To get a list of homes in your area, you can try viewing RealtyTrac online. I am a member of that site and most of my clients have come from there. BUT, before you get really serious, contact a mortgage company or bank to acquire, on paper, proof that you qualify for a mortgage. Most homeowners will not even talk to you unless you can prove the financial ability to buy. Good Luck!
Linda E. Fitzgerald, Re/Max "New Horizons"; covering Ocean and Monmouth Counties NJ www.lindafitzgerald.remax-nj.com - Sat Mar 15 2008, 06:49
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