Saturday, June 16, 2012
Why You Need a Reputable Realtor for Foreclosure Listings
Not all foreclosure listings are listed equally. This is especially true in the depressed real estate market where foreclosures are on the rise across all states in the country. Many families, couples and individuals have been duped into entering foreclosure rental agreements where the supposed landlord collected on the rental payments and yet he is not the rightful owner of the property.
With this in mind, we strongly suggest getting a reputable realtor to provide expert assistance on your search for the best deals on for-rent properties. Such a real estate professional can be found in sites like RealtyStore.com where the listings of foreclosed properties have also been verified as to their legality.
The question then is: What are the specific benefits enjoyed with hiring a reputable realtor when browsing through foreclosure listings for foreclosure rental prospects - or for home purchase, for that matter?
The sheer number of for-rent foreclosed properties can cause physical and emotional stress on the average individual, not to mention the financial costs of looking through all the possible properties. Without a realtor, you have to schedule the tours, await the response of the owners, and generally just do everything yourself. Add in your everyday activities and you will have your hands full as well as be more vulnerable to scams.
With a reputable realtor on your side, you can tell the agent what you need and want in the rental property (i.e., number of rooms, area in square foot, and facilities like an indoor pool) and let him do the browsing through the foreclosure listings. You will then have a shortlist of the possible properties, spend time taking tours through these units, and then make your decision. You can still enjoy your life instead of pouring more time, energy and effort than necessary to house-hunting.
You also have an expert to explain the current rental market. You have someone to answer your questions about the rental rates, contracts and upgrades, among other things, instead of going about the process with blindfolds on, so to speak. You have an expert to set realistic expectations from the first get-go.
Last but certainly not the least, you can avoid scams related to the foreclosure market. If you are looking for your next rental home via online sites like craigslist, you are at high risk for being a victim of these scams, as many other tenants have discovered too late. Your reputable realtor will work in your behalf to protect your interest, just as your attorney will also do so.
In conclusion, before you browse through the foreclosure listings, be sure that you have a reputable, reliable and experienced realtor on your side. Try the RealtyStore.com now!
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