First Time Home Buyers-Your 1st REO Purchase!

By paulvanaltena

If you are a 1st time home buyer looking for a deal, now is the time.  If you are at all handy even better, or in the trades, perfect! I started out as a Contractor and in 1998 bought my first fixer which was a bank-owned home (it was ugly!), for 3% down , or $7,000 total! My girlfriend bought one too for about the same. These two homes have financed our retirement plan which is based in real estate. We’ve since rehabbed , sold, kept, and rented out multiple properties, with the emphasis on buying discounted properties and putting in the sweat equity ourselves. All the costs associated with acquiring and fixing up have been paid by our properties. We’ve had alot of good experiences and bad of course, but the good far outweigh the bad. As 10 years have passed we have learned alot, and now are looking ourselves to start the cycle over again, since everything is on sale!!

Sooooooo… what are you waiting for? Let us help you find that perfect property for you! The Realtor expenses are paid by the seller, so it costs you nothing! Are you  thinking we will get all the good deals ourselves? There is so much available right now-more than there are buyers actually! Why re-invent the wheel? Learn from our mistakes and successes alike, and you will move forward faster. Check out our website! Click here

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