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Re: time it takes to buy and sell foreclosure...

Posted by KIM on July 02, 2001 at 10:47 AM

In Reply to: time it takes to buy and sell foreclosure... posted by donovan gekko on July 02, 2001 at 10:21 AM

: i loked at some of the previous messages. i noticed people were saying it will take at least 4-8 months to buy and sell a foreclosure. Does it always take at least 4 months? is it possible to complete everything in say 6-8 weeks? I have an investor who is interested in purchasing a foreclosure but i think he may be looking for a quick turn around, how should i explain this to him?


I would give yourself time for eviction unless investor plans to sell with prior resident still camping out.. Have a buyer lined up. Count on time for any damage repair and marketing if needed to sell property..escrow time for new buyer..anything is possible..



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