However, in order to take advantage of those great buys, you have to be ready to make an offer on them as soon as they hit the market which means you either have to have all cash or be prequalified.  The banks won’t even consider your offer unless you provide a lender’s prequalification letter along with your bid.

 I recommend using our local lenders for the most part unless you opt to use the seller bank’s special financing . There are some programs that will allow you to purchase without a down payment or may ask for a small downpayment but then, once the seller bank agrees to pay some of your closing costs, the usual expenses  disappear.  I’ve seen buyers get into properties with no cash out of pocket. 

Of course, your credit score needs to be above a certain amount and your ratios have to be acceptable.  That is why getting together with a lender to obtain that prequaification letter is so very important.  It allows  everyone to work toward the same goal with a realistic approach.

I have several Bank Owned properties available with super prices, available financing and in great condition. Locations range from Milford to Lake Almanor and all are anxious to sell.  Call me to take advantage of these great buys listed lower than market price.  I’ll be available July 5th but you can email or call me over the weekend for information and locations.

I’ll be holding an OPEN HOUSE near Lake Almanor July 10th, 17th&18th on a 2800 sq.ft. 4bdrm3bath home which will be auctioned off to the highest bidder starting at $99,000! Call me for more details.It’s in super condition.

Keep your eyes open for upcoming events in our area for family fun and entertainment…I’ll be filling you in later….