Blair Area Foreclosures

For many investors looking to purchase property in the Blair or surrounding areas, acquiring homes directly from lender is often preferred by real estate investors and even some experienced Blair area home buyers as the process can be a less-emotional home purchase process and more importantly more predicable (especially the ability to typically firm up a specific closing date - something nearly impossible with a short sale) .  This is very different than the process of purchasing from from an Blair area distressed seller facing foreclosure - and whom may or may not be able to go through with the transaction should the lender turn down the short sale request and contract.

Learn How to Buy Foreclosures in the Blair Area

Warning - most of the Blair home buyers we encounter who initially desire to purchase a foreclosure have this misconception - and it's a huge one with major implications - Not every REO/Foreclosure or Bank Owned Property for sale in the Blair area is a good deal.

We find many lenders with property for sale in the Blair metropolitan attempt to mitigate their losses by setting as high a price as possible on the homes they foreclose on and re-market for sale.  Now, the good news is the fact that we've seen others lenders in the Blair area who are focused on liquidating foreclosed property quickly as these REO assets/properties have a negative impacts on the lenders financial conditions and may cause the lender to face FDIC or other Federal scrutiny.  Based on our extensive knowledge of the foreclosure market in Blair and long standing relationships with lender asset managers and bank foreclosure officers -- we often have access to inventory before it actually hits the market in Blair - something extremely valuable to a home buyer or investor who desires a foreclosure.

Facing Foreclosure in Blair - Stop Foreclosure in Blair - Is a Short Sale on your Blair Home Right for You?

If you act quickly, decisively and proactively, you can avoid foreclosure on your Blair Home.  For Blair area homeowners who are struggling to make mortgage payments and/or sitting with a home with zero or worst case negative equity the options may at first glance seem limited.  We definitely have seen a rise in the number of homeowners in Blair with adjustable mortgages which are resetting and unable to refinance and now these sellers are looking at the possibility of facing foreclosure due to the 'payment shock' of the huge rise in the reset payments.