April 20, 2009 // Franchising.com // Morris Plains, N.J., – With home foreclosures and short sales on the rise, the current real estate market offers many great opportunities for homebuyers and investors alike. In fact, purchasing a property in default can be a great option for buyers who wish to take advantage of today's affordable housing prices. Still, many buyers are unfamiliar with the process and timeline involved in purchasing such homes.
To help prospective buyers understand both the advantages and challenges associated with buying foreclosed and short sale properties, Weichert Realtors® will host a free seminar on Saturday May 16 in each of its approximately 500 company-owned and franchised offices nationwide. Through the seminar, Weichert, Realtors, along with its affiliate companies, Weichert Financial Services and Weichert Real Estate Affiliates, Inc., will give attendees an overview on short sale and foreclosure properties and will outline the tremendous buying opportunity provided by today's affordable prices and historically-low interest rates.
"Our seminar is designed to educate attendees on the many intricacies that buyers should be aware of when purchasing foreclosed, short sales, and REO properties," said James M. Weichert, president and founder of Weichert, Realtors. "We'll discuss the best ways to approach purchasing these types of properties and provide buyers with the resources to assess if these types of properties are right for them."
Representatives from Weichert Financial Services will be on hand to share valuable insights with interested buyers. These mortgage experts, called a Gold Services Managers, will explain Weichert's personalized approach to mortgage financing and how buyers can benefit from purchasing in today's market. Weichert branch managers and sales associates will also review the current market and illustrate why now is a great time to buy.
This free, no-obligation, special seminar, beginning at 11:00 a.m., will include a brief presentation followed by a question and answer session. To reserve your seat at the seminar, call your local Weichert office.
Weichert has nearly 18,000 sales associates in approximately 500 company-owned and franchised sales offices in key markets throughout the U.S. A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance.