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Foreclosures / Short Sales
Welcome > For Buyers > Foreclosures / Short Sales ...

Money Making- Short Sales/ Distress Sales/ Bank Foreclosures 

Distress Sales resulting from bank foreclosures often represent a great way to get a fantastic deal on a home. It's not easy for the average homeowner to find these deals, because you have to keep scouring the paper to see when one comes up.

If you're the type of person who recognizes what a great deal some of these properties could represent, you will be interested to know about a new free computerized service which automatically searches out and downloads a current list of all such properties day in and day out. When you receive this free, no obligation service, you're automatically plugged in to the most current list of Foreclosure Properties on the market, in the price range and area that interests you. This FREE service will save you a lot of research and running around.

Here's how it works. You will receive FREE computerized reports listing the current Foreclosure properties in your desired price range and location. There is no cost for this information, and absolutely no obligation. This insider information, sent to you in an incredibly simple and efficient format, will give you a huge advantage over other buyers in the marketplace.

You can request this free service by simply filling out the information on the form below including the specific price range and area you would like. When you have completed the form just click the "Send Now" button at the bottom of this page.

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Real Estate Tips
Closing or Settlement >The Good Faith Estimate

When you buy a home, you will pay "closing costs" in addition to the down payment. These costs include the "points" you pay on your mortgage loan, title and hazard insurance, the title search, legal fees, and other charges imposed by the lender. These charges vary by state and county, but they usually represent a considerable amount of money.

Your real estate agent can tell you about the closing costs in your area. Ask your agent for some general figures when you begin your search for a new home, and use this information as a guideline. When you apply for your loan, the lender is required to provide you with a "good faith" estimate of the closing costs. The lender's good faith estimate is usually close to the actual amount, since the sales contract will have the price and terms of your new home spelled out. As the closing approaches, your real estate agent will give you a final figure for the check that you will bring to the closing table.

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Real Estate Trivia
Q 
What is an encumbrance against a property, which may be voluntary or involuntary?

A 
There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien.
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The Gary Simmens Team, REALTOR®, real estate agent and broker for Atlantic County, Atlantic City, Northfield and Ocean City, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

The Gary Simmens Team
Balsley/Losco

330 Tilton Rd
Northfield, NJ 08225
609-645-0202
Fax: 609-645-5624
GarySimmens@NUMBER1EXPERT.com


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