The following Contra Costa Times article chronicles one couple’s experience attempting to purchase a bank owned home. While their experience is on the extreme side, it is not entirely unheard of. In fact with inventory as low as it is in the East Bay Counties of Alameda and Contra Costa, and with many people out trying to purchase a home we are seeing bank owned homes to be more hassle than they are worth. When out looking at homes to buy it is very important that you educate yourself on the current market and what it will take to purchase a home these days. At least for now bank owned homes are not the bargain that people would expect. I would like to hear your opinions on this subject.
Share This Posting:
Subscribe: 
