Purchasing a foreclosed or short sale home with an experienced Realtor can be a great way to get your dream home at an affordable price. When buying a foreclosed home you can often purchase the home under market value, therefore saving you thousands of dollars. Sometimes these homes can be slightly distressed and in need of improvements which can be risky, which is why a market analysis is so important. It is equally important to work with a qualified Realtor who knows the market area to be sure to get maximum value for your dollar. Having your financing in place is also very important when dealing with foreclosed homes because you will be dealing with an agency representative instead of a home owner. Purchasing a bank or HUD (Housing and Urban Development) owned home requires both patience and specific paperwork. As experienced agents, we are here for you to make this home buying journey as rewarding and pleasant as possible.