With the interest rates below 5% and all the great deals on Bank Owned Foreclosures, there has been no better time to buy real estate in the Hilton Head area and Lowcountry than now!
Foreclosure properties (also known as REO or "Bank Owned" properties) pose a tremendous opportunity for today's buyers to get a great deal on their home purchase. The process of buying a foreclosure is not very different from purchasing a "traditional" real estate listing. The main difference is that these homes are sold "AS IS" meaning the seller usually will not make any repairs and that there are additional pages required to be added to our customary purchase contract. Buyers still have the right to an inspection period and time to secure final financing approval from their own lender. That being said, many of these homes are in good condition and are move-in ready. Today's foreclosure market sees no boundaries, we are marketing properties for our sellers in every condition, area and price range.
For our latest Foreclosure inventory list, visit www.SSRealEstateGroup.com