The Show Me State was a big victim of foreclosures more than three years ago, and while there has been a downward spiral in foreclosures in the last two years, the real estate market in Missouri is still distressed with many foreclosed homes MO on sale. It’s, therefore, fairly easy to get cheap deals on homes in Missouri especially in Kansas City. Below are a few tips on how you can win yourself some of the homes MO at a relatively good price.
Step 1
Check MLS Listings
The best way to hunt or cheap homes MO is to visit the various MLS listing services for the state of Missouri available on such websites like morerealestate.net, realtor.com, homes.com and RealtySore’s Smart Deals. These listing services provided some of the best realty values for homes MO.
Step 2
The homes listed in the MLS services are normally rated and screened and have descriptions and photos enabling you to find smart bargains with lots of information that you can review before making the decision to visit Missouri and inspect the condition of the homes.
Step 3
Find Cheap Foreclosures for sale
Another way to find cheap homes MO is to invest in Missouri’s foreclosed homes that are normally quite cheap with prices sometimes as low as $7000. There are lots of attractive foreclosed homes in cities like Kansas City, Saint Louis, Springfield, and Independence amongst others.
Step 4
To find good prices for homes MO easily, you can go through Missouri’s foreclosure listings and find freshly updated homes with very attractive discounts, which with a little repairs, can make very good abode for you and your family. Many of these foreclosed homes MO include condos, apartments, duplexes and much more which are quite good investments for real estate investors.
Step 5
Buy Mobile Homes
A much cheaper and easier way to become a real estate investor or homeowner in Missouri is by investing in the state’s numerous mobile homes MO now being pushed for sale in the real estate markets, some of which are also on foreclosures.
Mobile homes can be easy and very affordable investments for the first time buyers, you can invest in them as rental property or to live in yourself. Many of them are placed on land or a slab with good septic tank thus safe options for people looking for quality and cheap housing. The best way to find the cheapest homes MO is by looking at the various MLS listings for the state of Missouri and also other realty websites that are offering them for sale with attractive discounts.
Call more realtors and make an appointment
Finally, you can easily find cheap homes MO by making a phone call to realtors in Missouri and making an appointment visit the homes with property inspectors and real estate appraiser to determine the condition and value of the homes being offered for sale. Meeting the sellers face to face armed with first hand information on the condition of the homes can help you negotiate very attractive prices for your purchase. Always ensure that your lender has pre-approved your mortgage as sellers in MO prefer negotiating with potential buyers who’s financing has already been arranged. You can also take home mortgages from banks and other lenders in Missouri
