Foreclosure Bus Tours
We offer Free Bus Tours of Foreclosures. and Short Sales in the Easley, Greenville, and Clemson Areas. If you are a potential buyer, agent, or broker we welcome you to join us for one of our weekly 3 hour expeditions. Spots are limited, because we have noticed many repeat passengers. Ask our agents as many questions as you would like. We usually cover 8 properties per week, and rotate our areas. Bus Tours Run Saturdays at NOON!!! If you are interested in a particular area we are open to suggestions. Investors, and Bankers are Welcome!
No pressure to buy, we just want to meet you, and your family!
Please Call Community First Today For Your Reservations: 864-855-4858
With home foreclosures at a 20-year record high in California and up 68 percent nationwide, real estate agents are trying out new ideas to keep the housing market alive.
Foreclosure bus tours in which home buyers visit a number of foreclosed properties in one outing, are popping up across the country.
At one tour in Pismo Beach, Calif., 40 prospective homebuyers spent four hours on a bus, checking out 10 homes, all at fire sale prices. (ABC News, Jan 25, 2008)
Advice for Potential Buyers:
With a foreclosure sale, you are most likely buying the home "as is," which means there are a lot of unknowns about the condition of the home. Visit the property and do a thorough visual inspection.
Be sure to find out what other homes in the area have recently sold for, which can help you have a better sense of the market in that area.
Perhaps most important, it is essential to do a title search on the property to find out what you can about the house: Does the owner owe money elsewhere? Is there a second mortgage on the home? Are there any outstanding legal claims on the house involving the current homeowner?
If a homeowner has neglected to pay property or income taxes, the government could have a lien or claim against property. Ultimately, the title will not be free and clear until all liens are paid -- and if you own it, you owe it.
Foreclosure auctions are usually advertised through legal notices in the classified section of your local newspaper. You can also call the office of the recorder of deeds in your county to get this information. Some real estate companies even have agents who specialize in foreclosures.
Avoid Internet sites and subscription services that provide foreclosure information for a fee, as it can be difficult to decipher which are just out to take your money. (ABC News, Jan 25, 2008)