I have had many clients request to view Foreclosures ONLY  because they feel that they are a better option over Short Sales. Well this may come as a surprise to some but Foreclosures are NOT always the better option at least in Chandler Arizona.  Let me explain.
A few months ago I had one lovely couple who made a cash offer on a Foreclosure which should have closed rather quickly. We went through the inspections all seemed fine and we were ready to close. It came time to schedule signings but low and behold the bank had to delay…no explanation. This was a transaction that the buyer had opted to use the title company of their choice. The signings were postponed again and then we found out that they had to take the home off the market. The bank did not have title to it. The entire transaction had to be canceled.

My clients continued to look again and found another Foreclosure. This listing happened to be with the same listing agent and the same thing happened.

In this REALTORs® opinion one should not limit themselves to a certain type of transaction as there are pros and cons to both. Get educated about the market and talk to a REALTOR® that you can trust. Happy Home Hunting.

Cynthia Knight
Making Each Day Brighter!