Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

David asks…

foreclosure homes?

Your Questions About Foreclosures

The Expert answers:

The HUD, foreclosed homes for sale.

If that’s what you meant?

Your Questions About Foreclosures

Sharon asks…

foreclosure homes????

i live in lynchburg,va where can i find them for free,the sites i go to it says oh for only 200000$ you can see them.

Your Questions About Foreclosures

The Expert answers:

Try the Fannie Mae website for homes that they own: www.fanniemae.com/reoSearchApplication/fanniemae/reoSearch.jsp

Your Questions About Foreclosures

Charles asks…

Where can I find a list of foreclosure homes or soon to be foreclosed?

Any idea?

Your Questions About Foreclosures

The Expert answers:

If you are looking for national foreclosures listings website, check out this site

http://foreclosure-listings-national.com/

Here you can get access to all foreclosures in usa.

Your Questions About Foreclosures

Lizzie asks…

Need help on purchasing homes through foreclosure?

I’m interested in purchasing homes through foreclosure. I know nothing about the process. I visited my local courthouse today and looked at homes on the foreclosure list; but here are my questions: does a person bid on the property? with whom do you speak about (any) taxes or leins and whatever else is owed on the property? who is actually selling the property: my county? the bank with whom the loan was defaulted? if there’s a resource online, it would help. i don’t want to get burned.

Your Questions About Foreclosures

The Expert answers:

Depends on the situation. Sometimes you only pay for back taxes. Here’s a site that explains it all. Http://articles.moneycentral.msn.com/Investing/RealEstate/TheSafestWaysToBuyForeclosures.aspx

Your Questions About Foreclosures

Mary asks…

How to find contact information and foreclosure status of homes walked away from and currently vacant?

How to acquire information on homes preforeclosure and those abandoned. How to contact Owner? Find loan status? Approach to purchase with quit claim deed? Do so without realtor? Any information helpfull.

Your Questions About Foreclosures

The Expert answers:

If it is in foreclosure contact the lender. If is still in the process of being foreclosed, go to the owner being foreclosed, they may be willing to bargain to avoid foreclosure on their credit record (assuming they have any equity in the property to bargain).

If it is foreclosed, then the lender is the place to start. Some lenders have contracts with a broker to market foreclosed homes (most likely a local bank will do this). Others, will hold auctions (most likely large national organizations).

If the lender is a smaller local lender you have a much better chance of working a deal!!! They are bankers, not property owners and don’t want the expense of maintaining the place so they want it off the books.

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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