Foreclosed Homes for Sale in Shingle Springs

Foreclosed Homes for Sale in Shingle Springs

If you are looking for a foreclosed home in Shingle Springs, contact Callie Homes today!

At Callie Homes Real Estate Agent, we specialize in many kinds of home and property sales, including foreclosures and bank owned properties. If you are looking for foreclosed homes for sale in Shingle Springs, CA, we can help you find what you are looking for at Callie Homes Real Estate Agent.

Why should you look into foreclosed homes for sale in Shingle Springs? There are many advantages to buying a foreclosure instead of a conventional purchase home. For example:

Foreclosed homes are a lot cheaper

This means you get more house for your money. Whether you are interested in residential homes or investment properties, the value you get for your dollar is extremely important when making a large purchase like this. Why wouldn’t you want to get four bedrooms and three bathrooms for your money, instead of two bedrooms and one bathroom? When a bank forecloses on a home, they do not resell the home for profit. Instead, they price the home to sell as quickly as possible and recoup the losses they made from the previous loan which was not paid in full. This results in a lower price tag on the house, and therefore a better deal for you.

Foreclosed homes sell fast

With conventional home sales, you may wait for quite a while to be able to close on a house. With a foreclosed home, the bank wants to sell the home as quickly as possible. This results in a very short time elapsing between you making an offer on the home and you taking possession of the home. The counter side to this is that you have to make a decision quickly. If a foreclosed home you like comes on the market, you may not have a week to think about it and decide if you are going to make an offer. In a popular location such as Shingle Springs, the home might be bought by someone else during that time. Some foreclosed homes stay on the market only one day before they are bought. If you are looking at buying a foreclosed home, you need to be ready to act quickly!

Foreclosed homes are usually already vacant

With conventional home sales you may have to wait for the seller to move out of the home, which delays closing and lengthens the amount of time before you can move in to your new home. With a foreclosed home, the previous homeowner moved out when the bank took possession. That means that as soon as you sign the paperwork, you are ready to move in. If time is of the essence, or if you are ready to make a housing change in your life, a foreclosure can make this process tremendously fast.

Buying a foreclosed home is a great way to get a huge amount of value for your money. There are some things you need to be aware of when buying a foreclosed home, though. Callie Homes Real Estate Agent can walk you through the details of shopping for foreclosed homes for sale in Shingle Springs and buying a foreclosed home. First, you need to be pre-approved for a loan. Purchases of foreclosures happen fast, and you do not want to miss out on the house of your dreams because you are waiting for your loan approval to go through. Before you start looking, get pre-approved so that when you make an offer and it is accepted you can move forward immediately. Second, foreclosed homes come as-is, so you will be responsible for any necessary repairs. You will therefore want to get a thorough inspection of the home before you make an offer. At Callie Homes Real Estate Agent, we can help you with all the details and strategies of buying a foreclosed home, to make this process easy and enjoyable. Give us a call today!

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