http://www.moneyunder30.com/buy-foreclosed-home Personal Finance for the Young and Ambitious Thu, 18 Mar 2010 05:56:56 +0000 http://wordpress.org/?v=2.9.2 hourly 1 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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