FOWLER TEAM, INC.
CAPE CORAL, FLORIDA

The longer a foreclosure sits on the market, the less money the bank is willing to take for that specific property, so sometimes patience is the key to saving large sums of money! Depending on the circumstances, the general rule is that the asking price will be adjusted once every 30 days to help generate interest in the property. My suggestion is that you work closely with your realtor to help you gain an understanding of your local foreclosure market and when the best time is for you to invest in this market. In addition to the maintenance costs that you are most likely to encounter with your foreclosure sale, make sure to seek out all the information you can about the history of the home. This information will help give you a better understanding of the previous owners, any renovations that may have been done as well as any liens, zoning laws or bylaws that may be applicable to the property. When it comes to buying a distressed home, it is important to understand all the costs that you will encounter on this investment journey. Here is a list of some of the less obvious and even hidden costs that are associated with a foreclosure sale and tips on how I can help you reduce these costs! A realtor is a must when it comes to buying a distressed home. Their knowledge and advice will help you avoid some of the common pitfalls and mistakes that are so often made when purchasing a property. The best part about your realtor is that all of their services are free to you; the buyer. The seller, in this case the bank, is responsible for all realtor fees. Gently used appliances and materials will help you keep costs down for all major renovations. Judicial Sale where the lender must ask the court for permission to sell the property. This is the foreclosure process that is used in British Columbia as well as Alberta, Saskatchewan, Manitoba, Nova Scotia and Quebec. The Power of Sale procedure allows the lender to sell the property without asking permission from the court. This is the foreclosure practice in Ontario, Newfoundland, New Brunswick and Prince Edward Island. To take full advantage of the low mortgage rates as well as the ultra-competitive and low vacancy rate, it is imperative that you act now. We would love to help you find the perfect foreclosure sale and get you started on the journey of turning that distressed home into a revenue generating investment! Act now, it is the right time and the right investment! The Salt Fowler approach to helping clients receive more money in less time goes far beyond our 25 years of experience in the local real estate industry. And we can prove it. The homes we sell average $4,813 above the Real Estate Board average selling price – Based on North Okanagan – Okanagan Mainline Real Estate Board Salf Fowler Residential Sales Jan – Dec 31, 2017, 1.13% higher average selling price X $425,986 average selling price, which is $4,813 more money. Our team of experts are featured on local radio twice a month where we talk about the market, feature your listings, and help drive interest to the properties we are selling. We are committed to staying on top of current social media trends to ensure we reach as many people as possible. The Salt Fowler Team has been strategically assembled and positioned all over North Okanagan to make sure we make our clients the most amount of money in the least amount of time. Clients always have an expert nearby. This approach is rooted in the primary value that is filtered through everything we do: integrity. We understand that buying and/or selling your home is a profound task and we take that responsibility very seriously. Over the years we have grown our business through integrity and honesty. This has created results that speak for themselves. It’s important to work with the best. Using Salt Fowler to sell or buy your home will save you money every time. “If you’d like to find an accountable team to work with when selling or buying a home – this is your team! We have worked with the Salt Fowler Team for the past 2 years with multiple listings and are very happy to share the good news! Glenn, Gord and Lisa are very trustworthy, consistant and most honorable to their listings and clients. They have exceeded our expectations in every area making it an easy choice for us to use their services in the future.” – Scott & Bonny Jackson “Lisa knows how to read people and thus tailors her correspondence and business towards pleasing and helping us with things that pop up! She is thoughtful and pays attention to details. She has actually made frustrating things funny, making them easier to deal with! Todd said the other day that if we had Lisa years ago we would have been able to sell our house back then when we wanted to!” – T. & C. Lamb Each year we volunteer our time to help raise money for the Children’s Miracle Network. It is a charity that we truly believe in and are proud to be a part of. You can find out more information here – The Salt Fowler approach to helping clients receive more money in less time goes far beyond our 25 years of experience in the local real estate industry. And we can prove it. The homes we sell average $4,813 above the Real Estate Board average selling price – Based on North Okanagan – Okanagan Mainline Real Estate Board Salf Fowler Residential Sales Jan – Dec 31, 2017, 1.13% higher average selling price X $425,986 average selling price, which is $4,813 more money. Our team of experts are featured on local radio twice a month where we talk about the market, feature your listings, and help drive interest to the properties we are selling. We are committed to staying on top of current social media trends to ensure we reach as many people as possible. The Salt Fowler Team has been strategically assembled and positioned all over North Okanagan to make sure we make our clients the most amount of money in the least amount of time. Clients always have an expert nearby. This approach is rooted in the primary value that is filtered through everything we do: integrity. We understand that buying and/or selling your home is a profound task and we take that responsibility very seriously. Over the years we have grown our business through integrity and honesty. This has created results that speak for themselves.