Archive for December, 2011
When Buying Foreclosures I often tell buyers ” The Early Bird Catches the Worm”. Buying foreclosures like any transaction can be frustrating or rewarding depending on how you go about your business. My advise to buyers is to not be afraid to write an offer because you want your offer in front of the Asset Manager before others are being considered. Next, do not get discouraged if your first offer was not accepted. Asset managers will negotiate with you and it is up to you how you negotiate but if persistant you will be successful.
In my experience working with buyers and buyer agents they tend to not understand the process of buying foreclosures and get stubborn and in the end they loose. In the end its all about your attitude and what you bring to the table when negotiating with Asset Managers and foreclosure properties.
If you get your offer in first, continue to negotiate, and keep your emotions in balance then you will be successful. If not then ” If you Dont Succeed Try and Try Again”
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