6 Questions San Diego,CA Foreclosure Buyers Should Ask? Ocean Beach, Point Loma, Pacific Beach, Downtown, Clairmont
By Rod Watson, Luxury Home Specialist
(Pacific Sotheby's International Realty)
6 Questions Foreclosure Buyers Should Ask There are questions that buyers in any market should be asking before they make an offer on a property in foreclosure. April 2009 Is now a good time to buy a foreclosure? This is a very common question from both real estate professionals and prospective buyers. Obviously, because local market conditions vary, the answer is different from market to market. But there are questions that buyers in any market should be asking before they make an offer on a property in foreclosure. What's the first step buyers need to take? Require buyers you work with to be preapproved for a loan before you help them shop for a foreclosure. If they're thinking of buying a foreclosure as an investment or second home, they need to understand that financing the ho...