I often receive requests from people who are interested in buying a bank owned property. There are hundreds of them in Baldwin County and along the Gulf Coast right now to take advantage of. Whether you are an investor,a first time home buyer, or someone looking to expand their real estate portfolio foreclosures can usually be the best deals. To satisfy this demand for information I send out bi-weekly foreclosure updates as well as a specialized sold report so that you can keep on top of the market and know how much properties are actually selling for vs. list price and how long they are on the market. The information is taken from the Baldwin MLS. Simply click here to send me an email with your request. You may unsubscribe at any time and I never share or give out personal information, contact or otherwise. Be sure to specify which type update you are wishing to receive.
1. Coastal Closed Properties - Gulf Shores, Orange Beach, Ono Island and Ft. Morgan
2. All other closed properties in Baldwin County
3. Coastal Foreclosures-residential and condo
4. All other area foreclosures
If you are unsure about where to begin the buying process call me. We can schedule a convenient time to go over the buying process. If you are one of the lucky ones who are ready to buy right now there are a few items to have ready to attach to an offer: 1. A current mortgage approval or proof of funds if paying cash. This is a definate bank requirement. 2. Be prepared to put down up to 3% of purchase price as earnest money. 3. Patience.
This is a great time to buy as prices have substantially decreased. If you need mortgage information please contact me. I look forward to hearing from you.