Many of you are interested in learning more about foreclosed properties. Hatteras Island does offer some bank-owned properties for sale and there are also several "short sale" properties available. Short sales are properties that are typically somewhere in the pre-foreclosure process but buyers have the opportunity to purchase these after negotiating a price with the sellers and their lender that is lower than the owner's current pay off amount.
These foreclosures and short sale properties provide a great opportunity for finding a really great buy. However, there are also opportunities on the market on Hatteras Island that are not in threat of foreclosure that present similar "great buy" opportunities.
As a Realtor familiar with the foreclosure and short sale process, as well as recognizing value priced properties, I would love to help guide you to some of these properties. I have obtained the Certified Distressed Property Expert designation and have listed and sold Bank Owned and Short Sale properties. Experience with these types of properties is important when choosing a Realtor® if you have interest in pursuing these deals.
I have recently added a Distressed Property Hotsheet to the website. Click on the Distressed Property Tab to the left and you will be provided with a link to all of the Bank Owned and Short Sale properties currently available on Hatteras Island. This link is updated daily so visit often.
You can also feel free to contact me to ask that I keep an eye out for properties that meet your criteria. Often, distressed properties are priced so favorably that they sell quickly. It is best to be pre-approved for a mortgage and have a Buyer's Agent looking out for you so that you can act quickly and take advantage of some of the best deals available. It doesn't cost you to have a Buyer's Agent and I am anxious to help you on your search!