The Hidden Options Of Real Estate Auctions And Foreclosures

Buyers Agent in Denver, REBAC, ABR designated agent in Denver

Buying Options Can Open “Hidden” Doors


Denver, Colorado — Many consumers think that any home they might want to purchase will be listed on real estate Web sites or in newspaper sections, whether sold through brokers or by owners. And indeed, most properties can be found this way. But limiting any search to just these channels can eliminate many prospects for a new home.

“The ‘hidden’ options of auctions and foreclosures can open up greater possibilities,” says Ian, Broker/Owner with Armstrong Real Estate Services.  In some cases, these purchase methods can even offer opportunities to consumers who might not otherwise be able to purchase a home.

Properties are auctioned by motivated sellers for a variety of reasons, but the reasons rarely have any effect on the property itself. In the recent housing market, foreclosure has become regrettably familiar. But this creates a situation where banks and other mortgagees have a surplus of properties that they would rather divest themselves of than own.

Auctions and foreclosures can be found in most every area, too, and in almost every market segment: single-family homes, condos, resort and multi-unit properties.

Yet many consumers may be unaware of these purchase options or are reluctant to pursue them, due to a lack of knowledge. Certainly learning the ropes to these “alternative” homeownership paths can be difficult, and the cost of making a mistake can be steep.

However, working with someone who understands these industry niches can smooth out the process. “Real estate professionals who know how to manage both traditional transactions and those conducted through less well-known purchasing methods can help guide consumers through the intricacies of such alternative-method purchases,” says Armstrong

Ian Armstrong is one of more than 40,000 members of the Real Estate Buyer’s Agent Council (REBAC) of the NATIONAL ASSOCIATION OF REALTORS®, who have attained the Accredited Buyer Representative (ABR®) designation. As the world's largest association of real estate professionals focusing specifically on representing the real estate buyer, REBAC is "The Voice for Buyer Representation," with more than 40,000 active real estate professional members of the organization throughout the world.

Whether down the traditional route transacting business through a seller’s agent or along less-traveled paths of finding auction and foreclosure properties, ABR-designated REALTORS® make a buyer’s best interests their own.

To find an ABR-designated agent near you, and to receive a free copy of the REBAC-published “Homebuyer’s Toolkit,” visit www.REBAC.net or call 800-648-6224.

 

Home for Sale in thornton, Colorado

2763 E 161st Pl

Thornton

Sale
$ 488,650
2763 E 161st Pl Thornton home for sale
4 Baths
4 Beds
3707 SqFt
N/A Garages

2783 E 161st Pl

Thornton

Sale
$ 474,400
2783 E 161st Pl Thornton home for sale
4 Baths
4 Beds
3387 SqFt
N/A Garages

14636 Gaylord St

Thornton

Sale
$ 414,900
14636 Gaylord St Thornton home for sale
4 Baths
4 Beds
2325 SqFt
N/A Garages

2123 E 100th Pl

Thornton

Sale
$ 425,000
2123 E 100th Pl Thornton home for sale
3 Baths
4 Beds
3111 SqFt
N/A Garages

14715 Uinta St

Thornton

Sale
$ 749,900
14715 Uinta St Thornton home for sale
5 Baths
4 Beds
5536 SqFt
N/A Garages

3088 E 143rd Ave

Thornton

Sale
$ 524,900
3088 E 143rd Ave Thornton home for sale
4 Baths
4 Beds
4350 SqFt
N/A Garages

5241 E 111th Ct

Thornton

Sale
$ 270,000
5241 E 111th Ct Thornton home for sale
2 Baths
4 Beds
2152 SqFt
N/A Garages

13442 Humboldt Way

Thornton

Sale
$ 528,500
13442 Humboldt Way Thornton home for sale
4 Baths
4 Beds
3570 SqFt
N/A Garages

4934 E 116th Dr

Thornton

Sale
$ 435,000
4934 E 116th Dr Thornton home for sale
4 Baths
4 Beds
3138 SqFt
N/A Garages

1173 E 100th Pl

Thornton

Sale
$ 444,900
1173 E 100th Pl Thornton home for sale
3 Baths
4 Beds
3986 SqFt
N/A Garages

11582 Albion St

Thornton

Sale
$ 354,900
11582 Albion St Thornton home for sale
3 Baths
4 Beds
2721 SqFt
N/A Garages

4869 E 119th Ct

Thornton

Sale
$ 380,000
4869 E 119th Ct Thornton home for sale
4 Baths
4 Beds
2773 SqFt
N/A Garages

Other Articles