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Can you inspect a foreclosure property before buying it?
Delindakalley
Ya of course you will have the option of inspecting the property. Its your right to check the property before you buy it.
For that purpose you need to contact the banker who has given the auction notice.
if you are from India
There is a good blog foreclosureindia.blogspot.com if you have any more queries regarding foreclosed properties to help you out.
and if you are intrested in buying any fore closed properties in INDIA foreclosureindia.com give you all the details . . im a registered user and it helped me.
Thanks & Regards.
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∙ 13y ago
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Before mounting a horse do you have to inspect the teeth?
no. you inspect the teeth before buying a horse to make sure its in good health
How would one go about buying a foreclosure home in Denver?
The first step in buying a Denver foreclosure property is to get a hold of foreclosure listings. Once neighborhood property values have been assessed, Denver investors will want to drive by the home to view its conditions. The trustee will read each bid that is entered for all to hear, ultimately transferring the property to the highest bidder.
What do you need to know before buying a foreclosure list?
If you are planning on buying foreclosed homes, then you may want to consider buying a foreclosure list. Make sure that the list you are purchasing is up to date and accurate.
Can someone really benefit from buying a foreclosure home?
Yes, the buyer can get the property for an extremely lower price than what its probably worth.
How does the church handle buying property?
because they usally collect money before mass and thats how they handel buying property
Do you get the best deal by buying a house at a foreclosure auction?
Yes, you get the best deal by buying a house at a foreclosure auction. You can read more at www.realtytrac.com/foreclosure/Auction/how-to-buy-homes-at-auction.html
What are some tips for investors who are buying mortgages?
Inspect the property to ensure that it is worth what is being invested, be sure that the property is not in default, and perform a title search to make certain that no other parties can lay claim to the property.
Do you have a chance to inspect property you are considering for purchase at a foreclosure auction prior to the auction?
There is no chance a bidder would be able to request a viewing of the property being auction of as a foreclosure! That having been said, buying property at a foreclosure auction is an experience unlike any other in purchasing real estate. Although it can be a risky venture, it can often also very lucrative. Consequently, while you should try to participate in a foreclosure auctions, first-time and inexperienced investors should tread very carefully. In contrast to an ordinary real estate sale, most times a potential buyer will not even be allowed to inspect or survey the property prior to the auction. Partially as a result of that, and owing partially to the fact that one will have to come up with the entire purchase price in cash over a short period of time, a purchaser at a foreclosure auction would likely have to find nontraditional financing and then later refinance to a more traditional mortgage. == == Yes-- there should be a realtor that is handling the sale although I have seen people just walk around looking in windows and trying doors.
What are some considerations to have in mind before buying property overseas?
They are a lot of considerations you should think of before buying property overseas. You need to be aware of the laws and all of the certifications you need if you are new to whatever county your property is in.
What is the catch to buy a bank foreclosure house?
There are so many catches to buying a bank foreclosure house.The bank sets the price which may not be fair. If there are other people bidding on this property sometime you will have to wait months to hear if you were the highest bidder.
How can a person find information on buying a house under foreclosure?
There are many resources online (like MSN) that have information on buying a foreclosure or whether it is even safe or not to buy a foreclosure. Talk to local real estate agents as well.
When buying a forclosure home what is the definition of foreclosure?
Foreclosure is a horrible thing to happen to anybody. With economy so bad recently different procedures are being done so then there are not so many homeless families. The definition of foreclosure is when the bank or business takes possession of a mortgaged property, resulting in making a family leave the premises.
