Buying HUD Owned and Fannie Mae Owned Homes is a great way to get a very good deal in South Carolina and North Carolina. Betty and Jim Wood specialize in finding good deals in Upstate SC, Spartanburg SC and Greenville SC.
Most of the time these two entities will put their homes on the market at less than market value and reduce the prices about 10% if they don't sell in a reasonable amount of time. The information is public knowledge from their websites.
We make it our policy to preview these homes as time allows. We will keep you informed on the good deals. Realize of course, what does not seem like a good deal today may very well be a good deal next month when the price reductions kick in.
You can always make an offer but you must have certified funds to cover the earnest money deposit of $500.00 if the offering price is $50,000 or less and $1000.00 if the offering price is more than $50,000.
We are A HUD Registered Brokerage Firm and also are a Real Estate Firm that specializes in marketing Fannie Mae Owned Homes.
The first ten days that a HUD Owned Home is on the market, only owner occupant buyers can bid. If the property does not sell in the ten day period the it becomes available for everyone to bid.
We also specialize in HUD Owned Homes and Fannie Mae Owned Homes in North Carolina and South Carolina.
One other speciality we have is OWNER FINANCING...If you own a home and have been transferred and need to purchase before yours is sold you may need some creative financing...Jim Wood is probably the most creative real estate broker in North Carolina and South Carolina.