As most of you know the foreclosure market in Hernando county is a hot market with great deals and quick closings. Yet I see many buyers losing home after home because they are not listing to their realtor. A foreclosure home is bargain priced and a prospective buyer offering less that the asking price is a sure way to lose the home. Most of the good homes listed as a foreclosure bring multiple offers and close for more than the asking price. I had a nice lady fall in love with a home listed at $117,900 an as there were offers on the home we wrote a contract for$125,000 and unfortunately came in low. We did find another home and was successful in that purchase but a lesson was learned. Your realtor has the tools at hand to back up what he or she is telling you. A quick search of the homes closed by your agent will show asking price and selling price. The next thing that should be done is have your financing ready and be ready to purchase when you find that special deal. Too many people find the home then go to an institution or mortgage broker to start the loan process. The home will be gone by the time you are ready and your special home will belong to someone else. The process is simple and your realtor will guide you through the steps to acquire a home but he or she needs your help. You need to have your funds ready and listen to your realtor when it comes to the offer.