Your Questions About Foreclosures | foreclosureorder.com

Your Questions About Foreclosures

Your Questions About Foreclosures

David asks…

how much foreclosure homes cost and where to buy?

I am thinking of buying a cheap home. Is it a good idea to buy foreclosure. Can you buy cheap here or are there hidden costs? Anyone ever successfully buy one? Which is the best place to look for some?

Your Questions About Foreclosures

The Expert answers:

In general foreclosed homes are price lower than comparable homes. They may range from move in condition to major repair, but the price reflects the condition. You are buying “as is” but have the right to inspect and cancel if you don’t like the results. There are no hidden costs per se, but there are additional costs. When you but a foreclosed home (usually FNMA) the seller doesn’t pay transfer tax, title insurance and related closing fees. Contact a local Realtor. Banks don’t sell their foreclosures direct (called REO’s) they list them with Realtors.

Realtor.sailor

Your Questions About Foreclosures

Mandy asks…

What do you know about foreclosure homes?

I was house shopping on the web and came across foreclosure homes that were going for very cheap! Can I really buy a decent house for only $11,000?!
www.realtytrac.com ??
www.realtytrac.com

Your Questions About Foreclosures

The Expert answers:

Go to that place yourself.

FYI there are houses that are indeed sold for those prices.

But you should be educated about these things before getting into one.

The safest way is to go to where that house is, research about its paper works and make sure it is safe to buy.

Goodluck

Your Questions About Foreclosures

Sandy asks…

what are some good websites to search for foreclosure homes for sale with pics?

what are some good websites to search for foreclosure homes for sale with pictures? I searched on yahoo and google search and most sites did not have pictures of the homes. does anyone know any good sites???

Your Questions About Foreclosures

The Expert answers:

Those RE agents who have agreements with the banks to sell
their REO have pics

Your Questions About Foreclosures

Steven asks…

Are homes that are flipped and foreclosure homes the same?

You know the show flip that house are they homes that where foreclosure? I’m wondering because the foreclosure homes I see are a lot more cheaper then the homes on flip that house.

Your Questions About Foreclosures

The Expert answers:

Not the same processes of course, but flipped house could have been bought as foreclosures.

Your Questions About Foreclosures

Daniel asks…

Where to get free listing for foreclosure homes?

I don’t want free trial web site because they still ask for credit card information. I want totally free listing for home that are
foreclosure
-short sales
-bank owned

I am especially interesting in California Bay Areas (San Francisco, Oakalnd, Emeryville, etc)

Thanks very much for any one who can help on this!

Your Questions About Foreclosures

The Expert answers:

Any Realtor can help you for free. They can supply a one-time list, or they can set it up so every time a new listing meeting those criteria appear, you’re e-mailed the listing.

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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