Tips on Foreclosures, Bank Owned, REO, & HUD Homes

The choices abound in Charlotte Foreclosures, Charlotte HUD Homes, REO, and other Charlotte NC investment properties. If you are hunting for Charlotte foreclosures and you find a good one, be prepared to give your highest and best offer.

Why? Because if it is an unbelievable deal, it will have multiple offers submitted. If you really want the house and are prepared to pay for it… go for it...you may still be up by $50, 000!

Be Prepared When Buying NC Bank Owned Properties

Charlotte foreclosures require ready, willing and able buyers. Don't jump in the fold and think you can play without your money ready. Charlotte foreclosures and Charlotte short-sales come with a strong warning:

Hire a Realtor-Buyer Beware.

Whether you are buying for your primary residence or investment purposes, buying Charlotte foreclosures, without an agent, can prove to be very costly.

1. Have your financing in place.

2. Work with your agent to glean all the necessary information about the property.

3. Be prepared to act quickly. If you don’t--- it’s a good bet someone else will.