Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

Charles asks…

What are the full details on 100 down payment program on HUD homes.?

I live in Texas and heard about this program but cant find any good info about it. Can someone tell me all the details about it. I know you pay full asking price of the home but what else.

Your Questions About Foreclosures

The Expert answers:

The loan has to be FHA and there may be an escrow account for repairs. The main thing with the HUD owned homes is the bidding process.
Http://www.bidselect.com/servlet/RouterServlet?p_build_page=PSPropertySearchCriteria&siteid=62511&p_state_listings=TX

Your Questions About Foreclosures

Thomas asks…

HUD homes whats that about? is credit that important if you have the cash?

im wondering if credit would be an issue when buying a condo, in ny if you have a good down payment for it?? will it be a factor in buying?
and HUD whats that about i dont a clue about real estate or any goverment program that are available for first time buyers,
if any realtors, lenders are reading answer please need usefull answers,, thanks

Your Questions About Foreclosures

The Expert answers:

HUD is for low income housing.

Credit could be an issue with the condo, even paying cash. The HOA may not accept you if they think you would not pay the monthly dues. But if they will accept you you will have no problem buying with cash, no banks would be involved.

Your Questions About Foreclosures

David asks…

How do you find hud homes for real ???? without paying for some list that I could find on my own?

In Norh Carolina, Charlotte for Bad,terrible, horrible credit.

Your Questions About Foreclosures

The Expert answers:

Google it. It may take a little looking (I don’t have time to do this for you – sorry!) but you will find sites that will give you information for free. I did this and bought a home in Michigan with bad credit and no money down (you will have to pay a few fees at closing). This is a great option. Good luck!

Your Questions About Foreclosures

Michael asks…

How do I get a list of Foreclosed homes and also for HUD homes???

Looking for a home before our baby is delivered November 2nd. Nothing in our price range in our area. ( Brunswick, Topsham, Bath, Woolwich or surounding areas. Even a buildable piece of land would eb much appreciated. That would give us some hope of future home ownership.

Loosing hope in Brunswick, Maine………………………

Your Questions About Foreclosures

The Expert answers:

Your real estate agent can have a list..
If not go to another agent…

Your Questions About Foreclosures

Sharon asks…

does any one know how to find listings for hud homes?

i’ve been trying to find listings for hud or seized homes.. any one i’ve seen they want you to pay monthly. i live in philadelphia,pa…

Your Questions About Foreclosures

The Expert answers:

Hudhomesource.com

Powered by Yahoo! Answers

Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures
Your Questions About Foreclosures

Your Questions About Foreclosures

Your Questions About Foreclosures