Question by LadyD: What advice do you have for a first time home buyer looking to buy foreclosed homes?
we keep getting mixed advice on how to go about buying a house and foreclosed house. Any advice on how to even start searching, what to look for, and what to watch out for is more than appreciated.
Thanks in advance!!!
Best answer:
Answer by Bear Hire a good home inspector, buy cheap most require repairs, If the home had a warranty from the builder get it to transfer. research the value of the home after the cost of repairs. location location location.
This video is from the show Open House on CNN. The show lists some state phone numbers that homeowners can call when facing foreclosure. More info at: sccrealestateuncensored.com/2007/shortsale-foreclosure-pt2/ micasamidinero.com/2007/shortsale-foreclosure-pt2/
Homeowners who avoided foreclosure and received help from the Homeowner’s HOPE(TM) Hotline (888-995-HOPE) tell their stories. Housing counselors are available free of charge in nearly every community across the country. Troubled borrowers can also call 888-995-HOPE to reach a trained, qualified counselor ready to help – no matter the time of day or mortgage problem. If you are facing foreclosure, call 1-888-995-HOPE (4673) today. Video Rating: 0 / 5
Become an REO agent and list foreclosure homes for banks. Visit www.uncensoredreosecrets.com and discover REO secrets and REO agent processes so you can learn to sell REO properties for banks and asset management companies cash in. Video Rating: 0 / 5
foreclosure radar (Sean O’Tool) will speak on buying foreclosures. We Will Spend 20 minutes on the fa? Is rolling existing IRA funds invested? Wall Street, in homes and pr? Ts hard money.
A Quick overview of Snohomish County WA Real Estate Trends, Statistics and Pricing for residential sales and Foreclosures. See all charts and graphs here: www.resg.info Video Rating: 0 / 5
Investors immobilized? Res – D? Cover how to fundraise for Re Offers The Kit pr t priv? Pr? Presentation is an easy and affordable Made-for-you template for real estate entrepreneurs to cr? St your own flow pr? Tors priv? S tr Give You? Flow and allowing you to information in these difficult times immobilized? Res immobilized? res – D? cover how to fundraise for Re Offers
The author originally wrote and published this book in 1993. Yes we had problems then as well, but nothing like we have today. He has rewritten and revised it so that all of the information is current and has been updated for 2012. He has included everything that you need to know from the foreclosure process to short sales.
Also included are chapters on the Scams that are being perpetuated on sellers in distress by unscrupulous individuals and organizations. If you don’t do anything else
This book pr? feel feedback from leading experts on topics such as choosing the best options in the crisis of pr? ts hypothesis? Caires current laws f? d? eral prot? giant buyers? get hypothesis? questions, the program Making Home Affordable, and tax implications for the properties? TARY after? s foreclosure. The book includes? Also pleadings for foreclosure and forms of practice and a roundup of jurisprudence r? Cente.
Question by lou: I need suggestion on what to do about 2 property foreclosure?
My first home went into foreclosure because I could not find a buyer. My current home is on the brink of foreclosure. Is bankruptcy the solution? Can a lawyer help my case? I need guidance on what to do. I need suggestions, fast.
Best answer:
Answer by jack Your credit is already shot, but you need to protect your self from any other creditors,like the government, you need a lawyer now..Bankruptcy is an option but note that they have changed the rules,now you just don’t walk away,they have you restructure and have a pay back plan, you need legal help now.. Good luck please take my advice.ok
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