If you choose to purchase a Short Sale Property or Bank Owned Foreclosure, it is important to work with a Real Estate Professional who understands the “ins and outs” of this type of transaction and is experienced with the Short Sale and Foreclosure process.  This type of transaction can be quite frustrating and requires patience as well as an educated Realtor to guide and advise you how to proceed.

Both Terri Hunt and Justin Hunt are SFR CERTIFIED.  They each hold the SHORT SALES and FORECLOSURE RESOURCE (SFR) CERTIFICATION by the National Association of Realtors.

Bank Owned Foreclosure

  • Priced below market value
  • Home is purchased AS-IS
  • No seller disclosures are provided
  • Buyer is responsible for all system activations or city code requirements
  • Typically do not accept real estate contingencies
  • Buyer assumes all risk

Short Sales

  • Price below market value
  • Home is purchased AS-IS
  • Home is most likely in pre-foreclosure
  • All offers are subject to seller and 3rd party bank approval
  • Difficult to predict length of transaction