Are you investigating Outer Banks short sales and Outer Banks foreclosures in Dare and Currituck County? If so, you found the right place. From experience, it helps to know the basic facts and disclosures upfront; and before you make an offer on a distressed property. Question lurk everywhere as there are usually little to no disclosers available to the buyer. Just because a property is in a distressed state doesn’t mean that the property is a good buy. Flood zones, erosion, insurance costs can swing ownership risk in a big way! We are experienced with Outer Banks foreclosures and OBX distressed short sales; and understand the nuances of the Outer Banks that affect value. We will even hunt the courthouse steps if you have a working relationship with us.
Before you investigate Outer Banks short sales, make sure your expectations are inline. You can be thrown off quickly if you don’t know what to expect with bank owed properties. Short sales can be source for “deals” in today’s market, but patience and understanding of the process will lead to a successful closing. There’s nothing “short” about a short sale, and they can take 6 months or longer to close. A “buyer’s agent” helps a buyer preview property, negotiate, run CMA’s, coordinate your closing, and prepare offers and other paperwork for homes for sale. By using Surfside’ s Property Alerts you’ll be able to get all the new foreclosures/short sales right after they hit the MLS. Use both, and you have the edge you want!