Washington Foreclosure Homes

We buy Washington foreclosure homes primarily in King and Spokane counties.

Washington Foreclosures

We invest in washington foreclosure homes with a specific criteria in mind and when the numbers work. One of our primary tools is reinstating the foreclosures and stopping foreclosures. We do this by paying the arrears and then selling the houses and doing an equity split with the sellers of the house, after we pay expenses - including the cost of the money.

We like this method because we don't have to negotiate a short sale - which is becoming a more time consuming and labor intensive process than it should be - on Seattle foreclosures. A loss mitigation specialist from a large lender told us lately that they will not short sale below 90% of current market value, based on a current BPO.

We Buy Houses Cash, Using Lease Options, Short Sales, Contract For Deed and Land Installment Contracts

It all depends on the circumstances which tool or combination of tools we use. But we structure each deal seperately based on the needs of the parties, the lender involved and our cash position and prioities at any given time, coupled with the tax implications.

Seattle Foreclosures

Because of the rapidly increasing prices in Puget Sound area, we have narrowed our buy criteria to specific neighborhoods that we know well and are interested in owning for the long term. We focus on single family and small multis in specific zip codes, with specific features and types of properties. This is essential because of the significantly higher prices in Seattle foreclosures .

Spokane Foreclosures

Spokane is a relatively new market for us but we have been expanding our search there for a number of reasons. One of our goals is to buy a substantial portfolio of single family rental houses - there and in surrounding communities. We have also found the banks to be more reasonable on prices and flexibility, than on Seattle foreclosures. The people are friendly too.

A Network Of Investors and Home Buyers Interested
In Buying Washington Foreclosure Homes

As we learn new markets, we will expand in to other counties as well. We are also developing a newtork of other investors who specialize in buying Washington foreclosure homes in counties where we are not currently active - in addition to a growing list of home buyers. So if we are not specifically interested in keeping the a property, we may have a buyer that is. Check with us before you write off the possibility.

We Buy Ugly Houses, Pretty Houses and Foreclosure Houses

We're not afraid to tackle ugly houses because we are fairly experienced and skilled in renovations and fixing problems. We also like pretty houses that are ready to move into and we buy probate houses, and properties from people who live out of state and are tired of being a landlord or a long distance landlord.

We Buy Missoula Coeur D'Alene Spokane Seattle Foreclosures.

In addition to Seattle and Spokane, we also buy foreclosure homes in the Coeur D'Alene - Idaho; Whitefish, Missoula and Hamilton - Montana areas as well.

We do like to buy foreclosure houses because it can be very satisfying - helping people in a tough situation - and creating a win-win situation for everybody. We're pretty creative and can solve lots of different types of problems.