Buying a Bank Owned Home in Today's Tampa Real Estate Market
By Stephanie LeFew, Making Real Estate Easy for You-It's all about You
(Coldwell Banker, Tampa FL)
Earlier this year, one of my buyers was so excited to close on their bank owned home. The appraisal actually came in $20,000 above contract place. I am so excited that they got instant equity. We moved quickly on their purchase of this home that was in an area they had been looking at for quite some time. As soon as their mortgage letter was received, we immediately went to that home. We made an offer $100 over list price and there had been multiple offers coming in at the same time. The buyers put down $1000 earnest money deposit. The bank picked our offer. The buyers were happy with the home inspection. So happy for Ryan and Amanda..If you don’t like waiting for months for a response to your offer to purchase, Bank Owned Properties may be the way for you to purchase a home at a...