Foreclosure Buying Tricks - Ever Heard of Re-Capture?
Posted by The Cascade Team Real Estate on
Looking to purchase a Foreclosed property? If so, have you ever heard of the term re-capture? Often this is the most important thing to the bank that hold the note on the foreclosed property. In many cases where there are multiple offers, the buyer who allows the bank re-capture can win the property even if they don’t have the strongest offer price to purchase.
 If you would like to learn more about re-capture on Foreclosed properties or have any questions on purchasing a bank owned (REO) property or on buying at the Foreclosure Auction or are interested in purchasing Short Sale properties feel free to contact us here:
Here are a few more important tips on Foreclosures!
1. As-is means as-is, period. (Most of the time.) Banks have very little…2194 Views, 0 Comments