Pat Starnes Snippets

Metro Jackson MS Foreclosure Friday

It's Foreclosure Friday time! Over the last several weeks I've written the Foreclosure Friday series to share a little about the process of finding and buying foreclosures in the Metro Jackson area.

HUD's inventory is down this week, but there are still 35 available properties in the metro area for sale.

One home in Florence, MS is priced $10 a square foot less than its nearest competitor in the same neighborhood. 573 Eaglewood Drive is listed for $108,900 with an "as is" value of $121,000.

Another property, 613 Harvest Drive in Ridgeland, has been reduced from $131,000 to $117,900.

There are a number of foreclosures available through VA, Fannie Mae and Freddie Mac. If you have a particular price range and area that you are interested in, you can search the Jackson MS MLS or subscribe to my blog to receive weekly updates.

Traffic Light (c) FreeFoto.com

Have you received the "green light" to buy a home? Getting pre-approved is an important first step in buying a home, whether you are looking at foreclosures or any other property.

Many people are interested in buying foreclosures because of the value they represent. While it's true that foreclosures can be purchased below market value, giving the buyer instant equity, remember to factor in the cost of repairs. Most foreclosures are sold "as is".

In case you missed any of the previous Foreclosure Friday posts, you can review them here. See you next week!

 Image compliments of FreeFoto.com

 Premiere Edition of Foreclosure Friday - Tips for Buying a Foreclosure

 The procedure for buying a HUD foreclosure

 Search all MS Foreclosures - Links for HUD, VA, Fannie Mae and Freddie Mac

 Foreclosures for Sale in Rankin County MS

 Overview of Foreclosures throughout MS

Be Prepared! Get pre-approved

 

 

Written and Published by Pat Starnes REALTOR

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Pat specializes in Residential and New Home Sales 

Primary Service Area:

Brandon, Pearl, Ridgeland, Flowood, Madison and the Ross Barnett Reservoir area

 Pat Starnes, Broker Associate

Front Gate Real Estate, 6700 Old Canton Rd., Suite C

Ridgeland, MS 39157

601-991-2900 - Office

601-278-4513 - Cell

 

Recent Blog Posts by Pat Starnes:

 

Greenfield Station in Brandon MS Continues to Grow

Six Easy Tips to Save Money on Your Home Inspection

Should You Consult a Realtor When Buying New Construction?

Homes for Sale in Scottish Hills ~ Brandon MS 39047

Homes for Sale in Hidden Hills Subdivision, Brandon, MS 39047

Homes for Sale in Castlewoods Subdivision, Brandon, MS 39047

Gardens of Manship Neighborhood Information - Brandon, MS 39047

 

Are you looking to buy or sell a home in the Brandon MS market? Call me!

Comment balloon 1 commentPat Starnes-Front Gate Realty • April 17 2009 09:57AM
Metro Jackson MS Foreclosure Friday
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