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What information should you ask when buying a home in foreclosure?
Wiki User
∙ 17y ago
You'll need assurances that there are no other leins or encumberances. A title insurance company will help you there.
Wiki User
∙ 17y ago
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What to do after foreclosure?
After foreclosure, your top priority should be to find a decent, affordable place to live and to start rebuilding your credit. The best way to plan your next steps is to learn as much as you can about your rental and home buying options after foreclosure.
What happens after foreclosure?
After Foreclosure, One should find a decent, affordable place to live and to start rebuilding credit.The best way to plan the next step, is to learn as much as he can about the rental and home buying options after foreclosure.
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.
The home buying center?
The Home Buying Center is a house buying company there website is http://www.thehomebuyingcenter.com They also sell foreclosure houses cheap. My friend Bob used The Home Buying Center and bought a house way less than through a real estate agent.
What to expect in foreclosure of condo not primary home?
The foreclosure of a condominium unit upon which you hold a mortgage should proceed like any other foreclosure.
Where can one find more information about saving my home?
If one is interested in saving their home from foreclosure, there are a number of different resources one can reference. One can find information on saving their home from foreclosure on websites such as Bankrate, Keep My House, and the HUD official website.
How long will a foreclosure affect your buying a new home?
Foreclosure notations can appear within the account listing itself, called a "tradeline" and the actually legal filing of foreclosure can appear within the public records portion of your credit report. Any tradelines with derogatory information are shielded from view after 7 years. The legal entry can appear for 7 years from the date of filing.
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.
If make partial payment on home in foreclosure after 6 months will this delay foreclosure?
You should contact a Realtor who specializes in Short Sales so they can negotiate your situation with your bank to stop the foreclosure.
Where can one find more information about buying a home for the first time?
A person can go to their local bank to gather information about buying a home for the first time. They can also get information about mortgages for this home this way too.
Where can you find help with our home foreclosure?
There's plenty of ways to help with your home foreclosure. If you really would need to stick to it, you should apply for loans everywhere or just temporary have someone rent the house.
Can you rent out your home while home is in foreclosure?
Yes you can, but in most states you have to tell the potential tenant about this foreclosure.
