Foreclosure Question

Hi H.,
As everyone replied buying a forclosed home is different so I won't explian that. I am a mortgage specialist and could answer any additional questions that you might have with no strings attached. But here are a few website that you can view foreclosed homes at;
www.hudex.com
www.ushud.com
www.mihud.com
www.allhud.com
If you have any additional questions please feel free to reply back or give me a call ###-###-#### ext.112
Good Luck & be patient!
~Kim

1 mom found this helpful

My friend is a real estate agent who deals with a lot of foreclosures - in fact, her previous home was a foreclosure. Her name is Kristi McFellin and she works at Advanced Real Estate in Galesburg. ###-###-#### She can give you a good idea of what all to expect.

Ugh! I feel your pain...our house is listed for sale and it seems that all the homes that we want to look at are foreclosures. We have found out that most banks want traditional financing (no HUD or other creative means) and they won't accept a contingency...meaning that you can't put in an offer with a clause that your home sells first, as you can with a home that is in good standing with the mortgage co. Start with a realtor, if you list your house, your realtor will be able to tell you about foreclosed homes if you ask. Good luck!

Hello H. I have just place to ask that question check out this wedsite .. C.
http://buildlastingsuccessteam.com/direct.php?id=B###-###...

Hi H.,

I am a real estate broker, and yes foreclosures are a little different than a regular sale becuase of the bank owning the property. If you want to send me a message, I can email you a list of foreclosures and give you an idea of the process of buying a foreclosure home and/or selling your home. My office number is ###-###-####. I'd be happy to help answer any questions.

J.

Hello H.,

I have been looking at homes for the last few months. I have put in an offer on a foreclosed home and it is different than buying a house regularly. There will be no disclosures. The house will probably be winterized so before inspection all of the utilities will need to be turned on. You will definitely want an inspection. The house will probably only have the furnace and water heater left in it. I have seen houses where they take the central air unit and thermostat. The bank that owns the house will probably not offer to fix much that is wrong with the house unless it's a matter of the house not passing inspection. Maybe this has just been my experience, but I wish you the best of luck in your house hunting!

Sincerely,
D.