Where Do I Get The Money From In 30 Days

I would like to purchase a house at the foreclosure sale on the courthouse steps. Can someone please tell me what is the best way of getting the 90% that I would owe to the bank at the end of the 30 days. I have spoken to some banks and the fact that the inside of the house can't be seen will stop them from providing a loan because an appraisal can't be done. Any information is greatly appreciated. I am nervous about putting down the 10% and then losing it because I can't come up with the rest of the money

Thanks grin

Comments(1)

  • TheShortSalePro16th January, 2005

    The fact that you are nervous is a good sign.

    Bidding at auction without having cash, or the financing pre-approved to complete your purchase... is an unnecessary gamble.

    Auction bidding is for the experienced, well capitalized speculator.... not the uninitiated, inexperienced, and undercapitalized.

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