It maybe that the home is bank owned, corporate owned, or owned by a private party or hedge fund.
Each one of these types of “distressed” owners, today, have a specific method in place, regarding the offers that they receive.
Most have started adhering to a system that puts the “owner occupant” buyer ahead of the investors in the current market.
They review the offers by the people that want to actually live within the foreclosure they are wanting to purchase, so hence the term “Owner Occupied”.
This video gives some insight into how to search for foreclosures in the Santa Clarita Valley Cities and intel on some of the tricks to be used to get what you want from the foreclosure owners.
Thanks for watching and let The Paris911 Team at REMAX of Valencia know when you are ready for our help with the purchasing of a Foreclosure real estate listing.