Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

Helen asks…

How do I buy foreclosures directly from the government?

Do you have to be a real estate broker or agent (and have brokerage license) in order to buy directly from the government? What prices can I expect on foreclosures in our declining economy? I don’t want to pay anything higher than expected in our current economy. Where can I obtain the foreclosure listings and other info for free? Please direct me to a proper website that explains all this. Thanks.

Your Questions About Foreclosures

The Expert answers:

You may not understand or believe me but the govt is NOT your Friend! Closer to an enemy.

I got a bid on this website and now living in the house. Http://www.realtybid.com/

If the county has the property appraised i.e. 100k then you want to buy it at 50K or less right now! Because there is no end in sight for the forecloser problem and the root problem of employers pay & failed capitalism etc.

The properties will be listed with a Real estate broker you can talk to them BUT do NOT try cutting a deal with them directly, real estate people are slime-balls like lawyers and bankers, trust in the people at realtybid and whom ever YOU want to involve in the process for your benefit!
Realtybids contracts are good & easy to understand!
I had nothing to do with the listing agent until after the closing took place, i requested they meet me there with the keys etc.

You will have to spend time & effort i spent 3 months and was out bid on one deal.

You need to have a few thousand on hand depending on your type of purchasing, i choose a conventional loan for it was NOT my first home purchase. This way YOU have payment control over property taxes & homeowners insurance plus a ten year pay off plan etc.

Your Questions About Foreclosures

Donna asks…

How do I buy foreclosures directly from the government?

Do you have to be a real estate broker or agent (and have brokerage license) in order to buy directly from the government? What prices can I expect on foreclosures in our declining economy? I don’t want to pay anything higher than expected in our current economy. Where can I obtain the foreclosure listings and other info for free? Please direct me to a proper website that explains all this. Thanks.

Your Questions About Foreclosures

The Expert answers:

The only foreclosures at this time that the government is directly involved with are those that were insured by FHA and VA loans. But you do not deal directly with the government, you do not buy direct from the government. These homes, as well as those that are foreclosed on by banks, are offered through listings that any licensed Realtor should be able to access for you. There are dozens and dozens of websites devoted to the search of listings of foreclosures, many of which charge a fee for ‘membership’. You can get this info for nothing by calling a real estate broker.

Your Questions About Foreclosures

Linda asks…

Your Questions About Foreclosures

The Expert answers:

Your Questions About Foreclosures

Thomas asks…

Your Questions About Foreclosures

The Expert answers:

Your Questions About Foreclosures

Sandra asks…

Your Questions About Foreclosures

The Expert answers:

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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