answersLogoWhite

0

They can be. What you must know about bank foreclosures is that you will be required to pay any back taxes that the individual may have owed on the property. While the purchase price may be cheap, these taxes can bring the final cost up to a rather high number.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Where can one find properties for sale because of bank foreclosures?

Properties for sale because of bank foreclosures are called bank owned homes. One can find listings of bank owned homes on sites such as 'Bank Foreclosures Sale', 'Zapmeta' and 'Zoopla'.


Where are some good places one can buy foreclosures in Detroit?

There are a few good places one can buy foreclosures from in Detroit. One can get them from companies such as 'Trulia', 'Bank of America', 'Realtor' and 'Yahoo Homes'.


Where can one find bank foreclosure listings?

There are many companies and websites that offer bank foreclosure listings. Some of these companies that offer bank foreclosures are Bank Foreclosures and Zillow.


What to do to see Bank Foreclosures in Hixson, TN 37343?

Where can I find a list of Bank Foreclosures in Hixson, TN 37343? Charlotte Cox


How can one get information on buying bank foreclosures?

One can get information on buying bank foreclosures from the bank they use by calling them, going in person, or going on their website. There are also tips and advice from "How to" websites and on forums.


What states did Bank of America halt foreclosures in?

Florida


Where can one find a list of bank foreclosures in their area?

You can find a list of bank foreclosures for your area in your local newspapers, your local bank or websites that specialize your area. You can even ask your real estate agents.


What do you call a person who does foreclosures for a bank?

A foreclosee, I would assume.


Where can one find bank owned foreclosures?

One may find bank owned foreclosures on the site LoopNet. They collect and provide listings for many properties that have been foreclosed by a various banks.


How do you use the word foreclosures in a sentence?

Because of all the foreclosures on the home loans they had funded, the bank decided to make loan conditions stricter.


Were can one receive Charlotte foreclosures?

One can find Charlotte foreclosures on a website called Trulia and Zillow. One can also find it on a website called Bank Foreclosures Sale where it lists Charlotte foreclosure homes.


Where can one find a listing for Bank of America Foreclosures?

Bank of America maintains it's own website with information on foreclosures in any area they serve. One can find foreclosure information under their mortgage tab.