Buying Foreclosed and Short Sale Homes

Buying Foreclosed and Short Sale Homes

Distressed properties offer homebuyers unique opportunities to buy real estate at a cost significantly lower than market value. It is important to understand the method of buying foreclosures and short sales before beginning the process.

Meridian Home Mortgage can guide you through the often tedious process of buying a distressed property.

We can also refer you to a qualified real estate agent in your area who specializes in the sale of distressed properties.

In addition, many state and local governments have Neighborhood Stabilization Programs (NSP) for purchasing foreclosed properties. See if this program is available in your state or locality.