Foreclosure Buying
This weekend we came across a good example of the difference between buying at the foreclosure auction and buying with Scion Realty Group. A house at 9418 105th Ave. NE in Lake Stevens was built in 2004 and needs about $10,000 to repaint the interior, carpets and some trim work. It is on a nice 1 acre lot in a nice neighborhood. It is assessed at $450,600, it came up for Auction at $390,000. Nobody bid on it, Now it is offered at $330,000. That is a big difference and unlike the auction, you don't need cash. You get a clear title as well, and you can do a structural inspection. It is a Great example of the difference between the two ways to Buy Foreclosed Properties. If you have any questions, email me or give me a call.