foreclosure info

This may have already been covered but I would appreciate a response. What is the procedure to buy a home that is in foreclosure? Contact who? Ask what questions about property and situation. How to structure the offer? Help will be greatly appreciated. Thanks

Comments(1)

  • noslenj12322nd February, 2003

    You are asking for a LOT of info which I doubt you'll get in one post. There are whole courses on how to do that and there are lots of little gotchas to contend with.

    Contact the banks Loss Mitigation dept. and ask for a Short Sale package. You're looking for a discount on the mortgage. It's a time consuming task, keep asking questions.

Add Comment

Login To Comment