Don Goudreau Realty

Foreclosure Expert
As a buyer you may be seeing more and more bank owned homes coming to the market. Here is a brief description of some of the distressed home types on the market today: Bank Owned: These are homes either foreclosed upon by a bank or picked up at an auction by the bank. Fannie Mae Properties: These are homes that are owned by this quasi-government lender. Freddie Mac: Homes owned by this quasi-government lender. Auction Properties: These are not foreclosed upon but are in a pre-foreclosure status It is best hiring a real estate agent to represent you in a foreclosure purchase. They can get complicated and there are disclosures and addendums that apply. Late fees will apply to the buyer if you can’t close on the property within the allowed period. The fees can often be $100 to $150 per day charged to the buyer. Inspections are allowed but the home is sold as-is and the buyer could be on the hook to de- winterize the home and re-winterize the home per bank rules. The lender will sometimes offer a 2 year home warranty if you use their finance package. Why view and purchase foreclosure properties? It is because there are some well priced homes on the market. Sure very often they will need repairs but you can often pick up bank owned homes at a significant reduction off fair market value. With some elbow grease and a small investment you can make a great investment. To learn more or to request a buyer consultation meeting please contact Don Goudreau.
Don Goudreau, Assoc Broker
Prudential Verani Realty
143 N Main St., Suite 103
Concord, NH 03301
Cell : 603-370-0798
Fax: 603-224-2707
Designations
CNE
CNHS
REALTOR®

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Short Sales Experts

For Sellers

you have done to maintain a decant credit history and score you may feel like you are one or two paychecks away from total financial disaster in spite of a good track record. God forbid you have unexpected expenses pop up. You fully intend to get caught up with the mortgage payments and get ahead of the bills but you may be wearing weary of the battle. Fear not there is hope. Don Goudreau (NH Realtor) has helped over a dozen families over the last 3 years to successfully negotiate a short sale with little or nothing to pay back in order to get of a loan they no longer could afford to make anymore. If you have been struggling for 12 months in a row you may have to decide if you could realistically every catch things up and get ahead of your bills. If you are looking for an answer and want to discuss all your options and weather a short sale is right for you please request information and request an in-home analysis on how to best deal with our pre-foreclosure options. Don will be happy to go over Loan modification options, deed in lieu of foreclosure and short sales and do a free in- home market analysis.

For Buyers:

The key to buying a short sale is don’t even entertain entering into an offer on one unless you can be truly patient and it could take 1-3 months or more from when the offer is made to get an approval from the bank. After approval is issued they allow 30-45 days to close. You do risk that the sellers may not like the terms of the back short sale acceptance letter and they could reject the deal. The odds are though that in most cases the sellers will agree to the terms. So the short sale option is ideal for the buyer that can be very patient waiting for the deal to go through in order to get a very good price on the home they truly want. To schedule a free buyer or seller consultation simply request an in-home consultation with Don Goudreau, Realtor.
Don Goudreau, Assoc Broker
Prudential Verani Realty
143 N Main St., Suite 103
Concord, NH 03301
Cell : 603-370-0798
Fax: 603-224-2707
Designations
CNE
CNHS
REALTOR®

Call Us | EMAIL

Your Neighborhood Experts
We are focused on providing you with the best results and service in the industry. We listen carefully to understand your real estate goals and work hard to create solutions that make sense for you. Whether you are new to the market or an experienced investor, we have the expertise, proven track record, and resources to help you achieve your real estate goals. As is often said, real estate is about location, location, location. We have extensive knowledge of the Concord, NH area and can help you find the right home for you or the right buyer for your home.

Don Goudreau, Assoc Broker
Prudential Verani Realty
143 N Main St., Suite 103
Concord, NH 03301
Cell : 603-370-0798
Fax: 603-224-2707
Designations
CNE
CNHS
REALTOR®