Amazines Free Article Archive
www.amazines.com - Wednesday, September 30, 2020
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133412)
 Advice (161116)
 Affiliate Programs (34751)
 Art and Culture (73741)
 Automotive (145656)
 Blogs (75176)
 Boating (9843)
 Books (17221)
 Buddhism (4127)
 Business (1328968)
 Business News (426363)
 Business Opportunities (366329)
 Camping (10967)
 Career (72752)
 Christianity (15847)
 Collecting (11638)
 Communication (115067)
 Computers (241949)
 Construction (38932)
 Consumer (49683)
 Cooking (17066)
 Copywriting (6625)
 Crafts (18205)
 Cuisine (7543)
 Current Affairs (20415)
 Dating (45881)
 EBooks (19690)
 E-Commerce (48221)
 Education (185288)
 Electronics (83504)
 Email (6407)
 Entertainment (159836)
 Environment (28930)
 Ezine (3039)
 Ezine Publishing (5449)
 Ezine Sites (1550)
 Family & Parenting (110922)
 Fashion & Cosmetics (196419)
 Female Entrepreneurs (11844)
 Feng Shui (131)
 Finance & Investment (310452)
 Fitness (106328)
 Food & Beverages (62909)
 Free Web Resources (7939)
 Gambling (30220)
 Gardening (25140)
 Government (10528)
 Health (629713)
 Hinduism (2206)
 Hobbies (44054)
 Home Business (91574)
 Home Improvement (251172)
 Home Repair (46165)
 Humor (4833)
 Import - Export (5453)
 Insurance (45109)
 Interior Design (29582)
 International Property (3485)
 Internet (190999)
 Internet Marketing (146442)
 Investment (22836)
 Islam (1167)
 Judaism (1356)
 Law (80508)
 Link Popularity (4595)
 Manufacturing (20851)
 Marketing (98946)
 MLM (14136)
 Motivation (18217)
 Music (27013)
 New to the Internet (9495)
 Non-Profit Organizations (4048)
 Online Shopping (129635)
 Organizing (7803)
 Party Ideas (11852)
 Pets (38066)
 Poetry (2234)
 Press Release (12681)
 Public Speaking (5635)
 Publishing (7526)
 Quotes (2407)
 Real Estate (126633)
 Recreation & Leisure (95369)
 Relationships (87664)
 Research (16163)
 Sales (80332)
 Science & Technology (110254)
 Search Engines (23486)
 Self Improvement (153213)
 Seniors (6235)
 Sexuality (35945)
 Small Business (49297)
 Software (83014)
 Spiritual (23475)
 Sports (116102)
 Tax (7659)
 Telecommuting (34066)
 Travel & Tourism (307795)
 UK Property Investment (3121)
 Video Games (13427)
 Web Traffic (11738)
 Website Design (56839)
 Website Promotion (36586)
 World News (1000+)
 Writing (35788)
Author Spotlight
ELLISEN WANG

I'm Ellisen, nice to meet you! Obviously you're here because you want to know who I am. Wel...more
JOE CINOCCA

We write articles about : Mobile App Development, Real Estate, Architecture, Banking Supplies, NFL &...more
ANISH SAH

My Name is Anish Sah, I am an Internet Marketing and SEO Expert, Social Media Guru and young Entrepr...more
PUSHPA SRIVASTAVA

Pushpa Srivastava is an SEO strategist that helps online business owners figure out how to grow thei...more
DONALD NEWTON

Donald Newton has been a marriage and sex therapist for the past 20 years. He has been able to resto...more


Buying Bank Owned Homes Vs Regular Single Family Homes by Vikram kumar





Article Author Biography
Buying Bank Owned Homes Vs Regular Single Family Homes by
Article Posted: 09/08/2015
Article Views: 141
Articles Written: 11137
Word Count: 578
Article Votes: 0
AddThis Social Bookmark Button

Buying Bank Owned Homes Vs Regular Single Family Homes


 
Real Estate
People have different ideas when it comes to 21st century real estate Green Bay Wi home buying. Some individuals seek to buy bank owned foreclosure homes while others opt to buy homes from regular sellers. Some claim buying a foreclosure bank owned home is quite hectic and complex while some other home buyers have a hard time just researching buying a non bank owned home. Either prospective is right! Experts say you will go through similar hassles to get a home from either seller. Well, if you are uncertain of the best way to go, then this is the article for you. Differences between the two types of homes

It is vital that you understand the differences between the two types of single family homes for sale Green Bay Wi before you waste your time and money:

- To begin with, regular sellers tend to have disclosures that bank-owned homes lack. It goes without discussion that banks barely have the knowledge of the history of the homes they are selling. This is not the case for homes sold by their owners. They are required by Wisconsin state law to disclose any material defects on the property, and if they do not, they are liable to the buyer for any future repairs. They know their homes flaws and strong points. Banks on the other hand, have little knowledge and sell their property “as is” without disclosures.

- Bank contracts tend to favor banks. After submitting your offer, banks can come up with an addendum that alters your offer. This leads to complex negotiations even for experienced Realtors!

- Normally, banks sell their property in their current condition. If the home has mold, water damage or dry rot or any other major problems like a cracked foundation they do not have to remedy those problems prior to selling. If you are buying a bank owned home you will want to make sure you get an expert in prior to making an offer so you really know what you’re buying. Plus, you should be prepared to pay extra for all the repairs the home contractor finds. Fortunately, you have an upper hand if you buy from regular sellers that are required to disclose all known defects. Although it’s recommended that you get a home inspection to identify any problems so the home seller fixes them prior to the sale. This way, you can negotiate and repair all problems as agreed!

- Negotiations with banks tend to take longer than negotiating for regular homes. Banks rely on asset managers who then rely on agents. These agents likely deal with many other banks and you never really know if your offer is even a priority. Remember, most banks or asset management companies are large corporations that lack the personal touch. They are in the business of property and you have to follow their bureaucratic process if you want a chance at buying one of their foreclosed properties. Many times, you will be lucky just to receive a call back versus a home seller who really wants to sell their property.

The 21st century real estate Green Bay WI is faced with several options. Banks and ordinary sellers are competing for home buyers for their single family homes for sale Green Bay WI . Considering that banks lack disclosures, set contracts in their favor and take long to negotiate, you might opt to buy homes from regular home sellers.

Related Articles - 21st century real estate Green Bay WI, single family homes for sale Green Bay WI,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
DAMIAN POWELL

Demonstrated exceptional leadership in the government and private sector at an executive level. Skil...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
MICHAEL MIFSUD

Michael Mifsud was a House of Commons Commonwealth correspondent at the age of 16. He published Brit...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2020, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license