Terra4estates.com
  • Mission Statement
  • Advance Search
  • About
  • Selling
  • Buying
  • Home Market-Report
  • Terra's-Blog
Login
(509)528-0420

Sign in to your account

Need to reset your phone number?

Don't have an account with us?

Click here to sign up.

TriCities Foreclosures Search

TO
Advanced Search

Caveat Emptor- Buyer Beware

Deal or No Deal

Usually when a property is in short sale or foreclosure they may be concerned to be distressed properties.  This maybe the easiest way to make instant equality but the Latin term Caveat Emptor may apply.  Which means buyer beware.  This property usually is sold as is.  It may require many updates or repairs.  Sometimes cash is the only way to finance these properties.  If you have the skill and time these properties can be resold for a great profit.  

Things to Think About-

  • Hire an experience Realtor®
  • Hire an excellent Inspector (they can give you an idea of repair cost)
  • Have Cash (most foreclosure are bought by investors who have cash)
  • No Cash get Pre-qualified on your home loan (may want to have a large earnest deposit and large down-payment
  • Get a network of trustworthy contractors
  • Make sure existing improvements have been permitted (or it's then your can of worms)
  • Make a budget of needed repairs
  • Be patient-if a property has entered foreclosure there maybe a lot of paperwork involved and time waiting

 

Area Foreclosures and Shortsales

No current listings, please check back later.

Address Search

Like or Share
Loading likes...

Popular Areas in the Community

 

Looking for the perfect home in the perfect place? Chances are you'll want to check here first.

Find Your Slice Of Heaven

  • Richland
  • Kennewick
  • Pasco
  • West Richland
  • Benton City
  • Prosser

Useful Information

  • Mission Statement
  • About
  • Selling
  • Buying
  • Home Market Report

Advance Search

Foreclosures

TriCities Condo, Town Homes, Patio Home Search

Recent Blog Posts

  • Perfect Hard Boiled Egg
  • For the Love of Asparagus
  • Ready Set Winterize
  • Home
  • Advanced Search
  • Selling
  • Buying
  • Foreclosures
  • About
  • Featured Properties
  • Contact Us
  • Blog
  • TriCities Area Condo Search

  

490 Bradley Blvd. Richland, WA 99352
(509)528-0420
terra4estates@gmail.com
© All Rights Reserved

  • Richland
  • Kennewick
  • Pasco
  • West Richland
  • Benton City
  • Prosser
IDX Real Estate Websites by
• Accessibility • Terms • Privacy