Lake Charles Real Estate Foreclosures

You find a Lake Charles Foreclosure home for sale  and  it's such a good deal you decide to make a low ball the offer.  This happens all the time and 9 times out of 10 the Buyer loses out on the house.  There is a reason that foreclosed Lake Charles homes are priced the way they are.

Banks  are not looking to profit when they list a foreclosed property, The bank just wants to get the property off their books, and more than likely the listed price is going to be close to what is owed on the house.  If you are going to chase foreclosures, then you have to learn to play by the bank's rules!

Banks have a system in place when they list foreclosures for sale. 

• The property will always convey in AS IS condition. 
  

• Purchase will usually convey via special warranty deed with no title policy

• Seller chooses closing attorney/title company

• Seller will make no repairs

Remember the bank wants the house off their books they are tired of accumulating expenses!

As an experienced Lake Charles REALTOR and real estate negotiator, I am used to looking at comparative Lake Charles homes and recent Lake Charles sold home data to inform my buyer's of market value.  Buyer's trust and rely on me as their experienced agent of choice to guide them with my knowledge and advice when writing a purchase contract.

 I not only spend time researching comparative Lake Charles real estate values and conveying  that information  to my buyer but I also point out the costs buyer will incur and explain how foreclosures typically work and what they can expect.

When making offers on foreclosed real estate properties in Southwest Louisiana listen to the voice of an experienced agent so you don't miss out on that good deal!  Contact Marilyn Boudreaux, together we can plan an educated strategy that will WIN  an accepted offer!