A Developer Closeout occurs when the developer is leaving a neighbohood or has an inventory home which was not purchased by the original buyer.  These are often offered at 20-30% less than recent purchases. 

 

A Foreclosure occurs when the owner has defaulted on the property.  The Bank assumes ownership & prices these homes to sell.  these are some of the best priced homes on the market.  Our experience with forclosures is critical to working through the bank sale process. 

 

A Short sale occurs when the Bank has agreed to take less than what is owed on the property.  The property is commonly listed for sale for less than is owed on the property. 

 

We have an updated list of all of these type of properties & they are certainly something to consider in purchasing.