Banktown Foreclosures

The Offer:

Many sellers / banks will contribute closing costs for buyers of foreclosure properties.  I work on these transactions daily and typically get up to 3.5% of the purchase price paid towards my clients closing costs paid by the seller / bank.  That amount typically covers all costs associated with the purchase including attorney fees, appraisal fees, credit checks, title insurance, inspections, and recording fees and is the maximum allowed by most lenders. 

If I can't get the seller to agree to pay at least 3% of the purchase price towards your purchase I'LL CONTRIBUTE 1% of the purchase from my commission!

I will also work to have the seller / bank purchase a home warranty for all buyers, and if they will not I'll purchase that for you as well.

Contributions towards your closing costs are subject to your lenders approval and will be reflected on the HUD-1 settlement statement at closing.

Paid closing costs do not include any amount down that your lender will require of you as your downpayment - someone other than the buyer is not typically allowed to contribute towards downpayment in a purchase mortgage by the buyers lender.

Foreclosure, Bank Owned, REO, VA, HUD, Fannie Mae & Homepath properties

Dedicated buyers agent, Realtor, and broker serving the great Charlotte region