Yes, that is a very common transaction and the financing can be up to 100%.
Nothing happens. You still get the money in your account. They just want the house, not your money.
One could find information on how to buy a foreclosed home online. Some of the useful websites are Bankrate, Zillow, Wells Fargo, Kiplinger and Money Crashers.
You could buy foreclosed home below market value, ranging from 10%-50%. With this you could save a lot of money and if you decide to sell your newly purchased property you will have huge returns from your investment.
by definition, a foreclosed property has to have someone file the foreclosure usually due to them being owed money and the property is security on the property. This is not cheap or free. Hence, there is always a "buyer" out there which is often the lender.
Putting money upfront
Nothing happens. You still get the money in your account. They just want the house, not your money.
One could find information on how to buy a foreclosed home online. Some of the useful websites are Bankrate, Zillow, Wells Fargo, Kiplinger and Money Crashers.
You should contact the mortgage holder. They would be the ones that foreclosed and will have the remainder.
You could buy foreclosed home below market value, ranging from 10%-50%. With this you could save a lot of money and if you decide to sell your newly purchased property you will have huge returns from your investment.
by definition, a foreclosed property has to have someone file the foreclosure usually due to them being owed money and the property is security on the property. This is not cheap or free. Hence, there is always a "buyer" out there which is often the lender.
Putting money upfront
There putting it on Nicktoons to make more money.
No license is needed when buying foreclosed property mainly because nothing special is needed to buy property. When a bank auctions off a property all you need is money to buy that property and nothing else
ONLY IF THAT PERSON IS PUTTING YOU OR YOUR FAMILY IN DANGER. IT SHOULD NOT BE FOR ANY GAIN (via; MONEY, BETTER JOB, A WOMAN, ETC.)
Bankrolling is the act of underwriting the expenses of a venture, such as a business venture. Bankrolling is basically putting up the money for someone else; supplying the capital needed.
ONLY IF THAT PERSON IS PUTTING YOU OR YOUR FAMILY IN DANGER. IT SHOULD NOT BE FOR ANY GAIN (via; MONEY, BETTER JOB, A WOMAN, ETC.)
SPM was discovered as an artist by playing locally and putting himself out there until someone came along and offered him lots of money to do what he loves.