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foreclosed table rock lake blog: Read This Before You Buy a Foreclosed Property... - 12/20/08 01:43 PM
There are several things to be aware of when purchasing a foreclosed home from the lender.  You need to be prepared as the process is quite different than purchasing from an individual.

•1.    There will be no sellers disclosure. Most of the time, the bank/lender has never even seen the home. Therefore, they know nothing about the condition, age of home, past repairs, etc.
•2.    You are purchasing the home "as is." The seller will not make any repairs. Consequently, it is a good idea to have an inspection or thoroughly check the home over if you are experienced in … (0 comments)

 

Tammie Turner, B. A., Business

Branson, MO

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