Buy a Foreclosure Home Services Expand Nationwide From TheHomeBuyingCenter.com

Online real estate investor company shares secrets of buying foreclosed homes
with the general public

SACRAMENTO, Calif., Sept. 5 /PRNewswire/ -- OBSNews.com -- Buying a
foreclosure home is a goal of many prospective home buyers including
first-time home buyers, but the process is not always simple, and buyers of
foreclosed houses face numerous uncertainties that can be overcome with
knowledge and preparation.
According to the Chief Economist of the National Association of Realtor's
(http://www.Realtor.org) Chief Economist, Lawrence Yun, between 33 and 40
percent of current home sales activity results from foreclosures and other
properties with an overburdened seller.
Helping people to buy a foreclosure home
Sacramento, California based TheHomeBuyingCenter.com
(http://www.TheHomeBuyingCenter.com) helps hopeful home buyers understand the
home buying process and connects them with real estate investors and other
real estate professionals in their local areas for help with finding a great
deal on a home.
The company's buy a foreclosure home services include free introductory
counseling for people looking to buy a house that covers subjects like
mortgage pre-qualification, how to take advantage of short sales, and tips on
making offers. Company president, Patrick McGilvray, commented, "Most banks
who own foreclosed houses only will deal with buyers who are pre-qualified for
a mortgage loan."
Banks want to sell foreclosures fast
Many lenders who have taken back foreclosed homes list their houses with a
local realtor who puts the house on the MLS. Many of these houses are being
sold in an as-is condition, and prospective homeowners should have an
experienced team of knowledgeable real estate professionals on their side to
watch out for hidden problems.
Nationwide real estate network
"Our investors across the country buy houses from people facing
foreclosure and sell them to homeowners directly. We also have relationships
with thousands of real estate agents who specialize in helping people buy
foreclosure homes directly from banks. These agents also work directly with
loan officers who know a lot about government loan programs such as FHA loans
and down-payment assistance programs," said McGilvray.
TheHomeBuyingCenter.com has worked with homeowners for years who want to
sell a house fast to a We Buy Houses company.
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SOURCE OBSNews.com

Jeff Wolf, +1-916-442-2202, for OBSNews.com