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Buyer Information

Here you will find information on purchasing a foreclosure property in Bakersfield, including discussion on the advantages and disadvantages of buying a foreclosure and the process of making your purchase.

For more information please select a topic from the list of articles below.

Buyer Information Articles

Avoid the short sale - Go with an REO

If you are serious about finding a home and need to move quickly, please take a moment to read the following…
We have recently been contacted by a large number of home buyers that have had offers written on short sale properties who are getting frustrated by the lack of response from the lenders.
We know from […]

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It’s not all good news - The disadvantages of buying a foreclosure.

Although there are many advantages to buying a Bakersfield foreclosure, there are also a number of disadvantages that every buyer should know about before making an offer on one of these homes.

Since we are dealing with the lender rather than a homeowner, it usually takes a considerable amount of time to find out if they […]

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Advantages of purchasing a Bakersfield foreclosure

Here are some of the reasons that make purchasing a Bakersfield foreclosure so attractive to many of our buyers.

They usually sell for less than fair market value. Most Bakersfield foreclosures are listed and sell for about five to ten percent less than the market value of surrounding homes.
 Many of these properties need work and […]

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