COAST CITIES — Are you making offers on REOs and short sales that are being rejected by the bank?
Many real estate transactions now involve a dreaded third party — the bank. Buyers, sellers and agents are frustrated by the additional paperwork, lengthy delays and multiple offers that complicate these deals. Working with an experienced agent who has dealt with banks is paramount to success in purchasing an REO or short sale.
Learning how you, the buyer, can make any offer stronger will increase your chances of success. Roxinne A. McPhail has listed and sold more than 50 bank REO’s in San Diego County. With multiple offers on many properties, she estimates that she has presented more than 300 offers to the bank. In all cases, the offer price is only one aspect of the offer that the bank is reviewing. The bank needs to maximize their bottom line and McPhail has seen an offer lose out by less than $100. If you want your offer to be a winner, then plan to attend “How to Make Offers on Foreclosures and Short Sales” to learn insider tips that will strengthen every offer you make.
“How to Make Offers on Foreclosures and Short Sales” will be presented Thursday, Sept. 23 from 6:30 to 7:30 p.m. at the Carlsbad Library at 1775 Dove Lane, Carlsbad 92011. Registration starts at 6 p.m. and there is a 30-minute Q&A session after the presentation.
The event is free but you must RSVP to because space is limited.
If you wish to discuss your real estate needs privately, feel free to e-mail or call Roxinne McPhail for an appointment.
Roxinne A. McPhail, Realtor, SFR, and REO Listing Agent. CA DRE License # 01195433, since 1995. Distinctive Properties is located at 2792 Gateway Road # 100, Carlsbad 92009. Call (760) 533-7625 or e-mail [email protected] for details.
