We have plenty of bargains available in Outer Banks Real Estate these days. Distressed properties, short sales and foreclosures currently account for a considerable percentage of our sales. One mistake I see many people making is to completely exclude non-distressed properties from their home search. I receive requests from prospective buyers every week that only want lists of short sales and bank owned homes. DO NOT MAKE THIS MISTAKE! It can be a lot easier to complete a transaction with a private seller than with a bank or a distressed property owner requiring approval from a bank. If a seller is motivated to sell and realistic about the value of their property, they may offer the best value in your Outer Banks real estate search.

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