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re: Talk to me about foreclosure homes + Homepath Sales

Posted on 7/12/15 at 9:55 am to
Posted by lsufan1971
Zachary
Member since Nov 2003
19622 posts
Posted on 7/12/15 at 9:55 am to
Bought my current home through homepath. I did an all cash sale. I beat out 2 other offers that were financed. They won't accept any contingent offers to my knowledge. Bought my house for 214K 4 years ago and have a contract to sell for 231K. There are deals out there.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
27021 posts
Posted on 7/12/15 at 10:52 am to
quote:

Bought my current home through homepath. I did an all cash sale. I beat out 2 other offers that were financed. They won't accept any contingent offers to my knowledge. Bought my house for 214K 4 years ago and have a contract to sell for 231K. There are deals out there.


Historically real estate appreciates 1.5-2% yearly. Run the numbers, you pretty much paid fair market vale, and if your market is anything near mine, may have overpaid a little. The deals are very few and far between these days in my opinion.
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