Buying a bank foreclosure in the Pocono region conjures up images of bargain basement prices.However, anyone considering buying a foreclosed home should forget about paying pennies on available - foreclosures can sell for 30 to 40 percent below market. Generally speaking though, most foreclosures sell for 5 to 10 percent below market.
For many people the foreclosure process can prove to be a daunting task. The foreclosure process requires research, preparation, patience and persistence. Lenders, (banks, mortgage companies, insurance companies, credit unions and consumer finance organizations) all have different methods of reporting distressed property information. This is why the best way to purchase a foreclosed property is through Mountain View Realty. We've already done the work and can make the purchase easy and simple!
PoconoForeclosure.com blankets the Pocono region, including areas such as Lake Wallenpaupack, Honesdale, Hawley, Lake Ariel, Greentown, Hamlin, Milford and most of Pike and Wayne counties.
For specific information about Pocono Real Estate, communities, lakefronts or lakerights,
please consult one of our Realtors at 800-510-0130