Jon Sutton

I am an independent Real Estate Consultant specializing in REO, foreclosure, HUD, and short sale transactions. Today's market has presented a once in a lifetime opportunity for buying foreclosed homes and as the clock keeps ticking there is more and more competition, especially when it comes to foreclosures in Fort Worth.

Interest rates are at the lowest they have been in 50 years...I am seeing clients getting locked in at 5% fixed. The city of Fort Worth is offering a $25,000 forgivable loan for buying a foreclosed home as a primary residence. The US Department of HUD has a $100 down payment program for FHA loans which covers the typical 3.5% required down payment when buying a foreclosure in Fort Worth. Freddie Mac also has a similar program. USDA is offering a 100% financing loan for select areas in Fort Worth. The first time home buyer's tax credit has now been bumped up to $8,000 and does not need to be repaid if you live in the home for 3 years or more. These are just a handful of the incentive programs running to help stimulate the economy...and it is working. Check out my blog for more info: http://activerain.com/blogs/jonsutton

Banks are taking major hits and offering all concessions to buyers which means it is possible to get into a home for zero cash down and of course your first couple of payments are usually waived. Because of this and many other options and incentives it is very difficult to acquire a foreclosure home for sale in Fort Worth. This is why you need a licensed specialist such as myself and team of investors, title attorneys, and bank negotiators on your side to help you through the transaction process.

In today's competitive foreclosure real estate market, timing is everything. Many good foreclosed homes in Fort Worth are sold before they are ever advertised. Beat other homebuyers and investors to the hottest new foreclosures for sale in Fort Worth with our foreclosure Listing Notification website which is custom tailored to your search criteria. Contact me now for additional information: Foreclosures@JonSutton.com

Prior to acquiring my real estate license and fresh out of Texas Tech University, I worked with several residential developers in the DFW area on "McGee Farms Estates" and "The Reserve at Colleyville" 40 and 170 lot projects taking them from raw land and through the entire city process to infrastructure completion and sales to high end builders such as DR Horton and Toll Brothers Homes. I have also worked extensively with Keystone Exploration LLC, a Barnett Shale natural gas driller in the acquisition of a 40 acre drill site for them in Flower Mound, Texas. My main focus is REO, HUD, and Short Sale foreclosures in the DFW area; this is my specialty.