Why rent when you can own your own home?
- You get a tax advantage
- Build home-owner equity
- It’s more affordable than you think!
Advantages to buying foreclosed homes
- Sellers are motivated to make a fast sale, which can create below-market purchase opportunities.
- Sellers may be more likely to do repairs.
- Sellers may provide major closing cost credits and other concessions (particularly if the seller is a bank)
- Buyers can still use regular mortgage financing.