Matt Anderson Properties knows the Foreclosure process.
What is foreclosure? For some, foreclosure is a word that conveys the fear and dread of financial ruin, while for others it infers a positive economic opportunity. Regardless of the perspective, it is possibly the most misunderstood aspect of any real estate market.
Buying directly from the bank is preferred by many because it is a more methodical, predictable and non-emotional process than buying from the distressed seller.
Not all REOs are good deals. Many banks want market value in order to recoup as much of their losses as possible. Others are more concerned with liquidating their REO inventory as these non-performing assets have a negative impact on their books. We have relationships with asset managers and REO officers, so knowing which lenders are motivated sellers and which properties represent a bargain is where we come in.
If you are an owner of South Carolina real estate that would like to know what options you may have in avoiding foreclosure or walking away from the mortgage. Contact Matt Anderson Properties at 843-437-8386 to schedule a confidential consultation and to discuss all of your options.