- Find a Real Estate Professional
- Realtors®
- Mortgage Lenders
- Home Improvement Pros
- Other Real Estate Services
- Review an Agent, Lender or Pro
- Marketing on Zillow
- Real Estate Agent Advertising
- Join the Professional Directory
- Popular
- Real Estate Market Reports
- More
Answers (5)
- Nicholas Ribeiro, "NicholasRibeiro"
- Contributions:1807
Usually a bank is willing to take less then a homeowner. Not always but usually. A bank sees a house as an asset or liability, a seller usually sees their house as a home.
- sunnyview
- Contributions:25127
I (heart) ugly houses in good neighborhoods. Stale, ugly houses on the MLS are even better. They can be hidden jewels that help you pick equity up off the table with a little foresight and work to give it curb appeal.
Foreclosures can come with a lot of baggage and lately event he short sale that I have seen have enormous pest reports attached. Ick.
Foreclosures can come with a lot of baggage and lately event he short sale that I have seen have enormous pest reports attached. Ick.
- Albert Elhage, "aelhage"
- Contributions:33
Definitly. I prefer such homes and do target them and advise my client to give these homes a though before trying their luck on forclosures. Sure, some of them are overpriced and will stay overpriced, but there are may out there that are ready for a serious offer.
- Dan, "the_country_hick"
- Contributions:4694
Yes I have. However, I also know that many houses that have sat forever are greatly overpriced. The sellers will not come down to a reasonable price. They would rather rent or end up with a short sale or foreclosure instead of selling for what is a more realistic price.
- Cindy Quinton, "Cindy Quinton"
- Contributions:1322
Absolutely, I would far rather buy a home that has sat on the market over a forclosure. Everything about it is likely to be better. However, I do feel many owners who have homes that sit and sit are overpriced.
Did you consider buying a home that has been for sale forever may be a better deal than foreclosure?
-
- 5.0/5.0
- (4 reviews)
Contributions:509Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.