What are the proper steps to obtaining a foreclosed home?
December 31, 2009
Can you give me a detailed step by step to obtaining a foreclosed home? Thanks!
Monthly Archive December, 2009
The Common-Sense Mortgage : How to Cut the Cost of Home Ownership by $50,000 or More
Product DescriptionMillions of homes are financed each year and millions more are refinanced, a process that routinely leaves consumers dazed, weary, and paying more than they should.For more than a decade The Common-Sense Mortgage has been a consumer staple, used by borrowers nationwide to find better home loan terms and lower costs. Written in [...]
Foreclosure Overview & the Foreclosure Process
A foreclosure is a legal proceeding taken by a bank or mortgage lender against a homeowner who has defaulted on their mortgage loan. There are several steps in the foreclosure process; pre-foreclosure, auction, and bank owned. It is possible to buy homes during each of these foreclosure steps if you know where to find them [...]
Is it possible for someone to purchase a foreclosed home and how do you do this?
By ’someone,’ I mean the average lay person without a realtors license. I didn’t know how foreclosed homes were purchased from banks. Bonus question, does the average person have access to purchasing a home from a wholesaler, or once again can this only be done a licensed agent?
If it is possible, how does one go [...]