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.

This news was distributed by http://www.OBSNews.com.

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[Via Real Estate California]