http://www.moneyunder30.com/buy-foreclosed-home Simple, Honest Financial Advice Thu, 09 Feb 2012 22:53:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.moneyunder30.com/buy-foreclosed-home/comment-page-1#comment-9784 Paola Thu, 03 Mar 2011 19:25:49 +0000 http://www.moneyunder30.com/?p=1843#comment-9784 There is something i still dont understand and i Have kept me away from doing this. If the final jusdment on a foreclose home is 90,000 And i am the highest bidder at 5,000 how much do i really have to pay? There is something i still dont understand and i
Have kept me away from doing this. If the final jusdment on a foreclose home is 90,000 And i am the highest bidder at 5,000 how much do i really have to pay?

]]> http://www.moneyunder30.com/buy-foreclosed-home/comment-page-1#comment-4013 eric Mon, 28 Dec 2009 18:28:46 +0000 http://www.moneyunder30.com/?p=1843#comment-4013 We bought a forclosed home in January of '09. The only hassle was dealing with teh bank all the way accross the country. They were slow to respond, and did not accpt anything less than the asking price (of course they had just dropped it substantially, so I'm sure that had somehting to do with it). Everything else went fine... we inspected it, and had it appraised like any other house. The condition was great, the previous owner didnt do any damage like the horror stories you sometimes hear. It ended up great for us. We bought a forclosed home in January of ’09. The only hassle was dealing with teh bank all the way accross the country. They were slow to respond, and did not accpt anything less than the asking price (of course they had just dropped it substantially, so I’m sure that had somehting to do with it). Everything else went fine… we inspected it, and had it appraised like any other house. The condition was great, the previous owner didnt do any damage like the horror stories you sometimes hear. It ended up great for us.

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