2006-08-15 14:03:52 · 5 answers · asked by oraclesaved 1 in Business & Finance ➔ Renting & Real Estate
Well, I do know from personal experience that you will have to pay any back taxes or any other monies owed on the home for any reason. A Title search will let you know if there is anything due.
2006-08-16 09:30:08 · answer #1 · answered by Big Bear 7 · 0⤊ 0⤋
For all government backed loans, view WWW.HUD.GOV and look at the buying link. There you will find a link to foreclosures in your state and a lot of other foreclosure info.
Another way to locate foreclosure is to contact the banks in your area for a listing of their available inventory. The bank foreclosed homes are usually listed with a realtor.
2006-08-15 14:31:11 · answer #2 · answered by treday25 5 · 0⤊ 0⤋
find out who is foreclosing and talk to the owner. Then go to the company/person foreclosing and work out a financial agreement to either finance the home or buy out the foreclosure before it happens or you loose the chance to get it at rock bottom price.
Good luck.
2006-08-15 14:15:17 · answer #3 · answered by John K 2 · 0⤊ 1⤋
it is greater useful to purchase a foreclosed domicile via fact it relatively is greater cost-effective yet don't be fooled some expenditures are basically for tutor create a funds and get a pre authorized loan that could tell how lots you need to purchase plus save money a good number of it in case time flow undesirable
2016-11-04 21:47:15 · answer #4 · answered by ? 4 · 0⤊ 0⤋
You can try HUDs website.
2006-08-15 14:38:40 · answer #5 · answered by hrmom02 2 · 0⤊ 1⤋