All homes that have completed the lenders foreclosure process and placed into the MLS are available to be viewed and sold. EXiT agents have access to all listed foreclosed homes in our market. HUD homes may not be listed through the MLS and an inventory of available homes in Mississippi can be found at www.hooksvanholm.com/PropertyMississippi.aspx . EXiT Realty is a registered HUD Broker under the name HUS Realty, Inc., and as such, we can place your bids. All HUD homes must be bid through a certified HUD Broker. Contact EXiT Realty for further information about Foreclosures and HUD homes in and around the Tupelo and Saltillo area markets. EXiT can also provide information about short sales, REO listings, bank owned properties. Have questions about distressed properties, call us. NOTE: The current inventory of foreclosed or bank owned properties listed in this area is approximatly 5% of the MLS inventory. This is low compared to the level of distressed properties nationally and as a result, real estate values in this market have not declined at the same rate as most harder hit areas. While the news media have convinced buyers that homes and property can be bought at huge discounts, there are no "steals". While there are currently many "deals" to be had for potential buyers, steals are rare and are hard to find in this market. Steals, although rare, are usually a done deal before it ever hits the market. And while a foreclosed home or an approved short sale can be a good deal (value), most banks are not giving property away. There is more recent news of short sale declines than that of bank acceptance and more multiple offers are being seen on homes where the low-ball offer is not getting the deal done. Call EXiT Realty today for a complete market analysis to help you detemine the "right" price the first time, whether buying or selling. |