Buyers pay attention to the property condition. Distressed properties are often in need of repair, so buyers should be prepared to spend money on repairs.Do your research. Before you make an offer on a distressed property, be sure to do your research and understand the risks involved. This includes learning about the property’s condition, location, history, and financing.Be patient. The buying process for a distressed property can take longer than a traditional home sale. Be patient and don’t rush into anything.Work with a real estate agent who understands distressed properties. A good agent can help you find the right property and negotiate the best price Continue Reading about What to Watch for When Buying Short Sales
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Certified Distressed Property Expert
An Ohio Certified Distressed Property Expert is a real estate agent trained to help homeowners avoid foreclosure. A Certified Distressed Property Expert, or CDPE has specialized training with the complex issues confronting distressed home owners. Foreclosure avoidance options available to homeowners. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market, specifically short sales. Are you behind on your house payments? Are you facing Foreclosure, Pre-Foreclosure or Notices of Default from your lender? You may be surprised at the options available to you. You might not have to walk away from your home! There Continue Reading about Certified Distressed Property Expert