2007-03-19 10:14:21 · 3 answers · asked by Emmanuel B 2 in Home & Garden ➔ Decorating & Remodeling
Foreclosure houses are in general cheap,but bear in mind that most of the time they will need TLC some more some less,have the house inspected,because you buy as is where is.
2007-03-19 11:05:32 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Best see how many liens are filed on the property. Are there back taxes due? If this is your first time with foreclosures, they say it's better to buy one from the bank. They have already done the title searches and you are pretty sure to get a clear title.
They say if it's too good to be true, then it probably is.
2007-03-19 10:20:22 · answer #2 · answered by Fordman 7 · 0⤊ 0⤋
House is foreclosure are typically very inexpensive. The bank only asks the remainder on the mortgage and any fees that may be required. Of course they are not going to negotiate on anything they want you to show up with lending in place and buy for the asking price.
2007-03-19 10:18:36 · answer #3 · answered by norwooddrafting 3 · 0⤊ 0⤋