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OWE MORE THAN YOUR HOME IS WORTH?
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Read Our Blog About Avoiding Foreclosure
The Real Estate Master Dave Lewis on the current real estate market.

"Lighting The Way To The American Dream."
Today's Buyers
FORECLOSURES

Today's buyer's are not the one's from a few years ago. They are
seasoned investor's and all cash or majority cash buyer's. You
must have an agent that knows the different market's and what
and where people are buying. Many believe that buying a
foreclosure is going to get them the best deal. This is not
necessarily true.  Foreclosures, a lot of times, are in need of
serious repair. If you were planning on financing your home,
good luck on getting your loan approved. Banks as the owner's
of these foreclosures, are looking for the highest bidder with
the most cash.

SHORT SALES

Short sales are usually just as good of a deal or even better in
some case. The owner  a lot of times, still occupies the property
so the property is in a livable condition. A lot of people, (Buyer's
and real estate agents)have been misinformed about short
sales.  What buyer's need to know is that most agent's have no
idea where to start or how to do a short sale. I'm sure you heard
that the bank takes long to respond which is true, but getting
the house you want at a great price should be worth the wait.
There is a lot less competition with short sales due to the
misinformed public. So if you want to get in today's market and
need help call on American Lighthouse Estates Inc.
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