Real estate blog entries tagged with insured loans by DORIS FREEMAN Realtor Hendersonville-Nashville (RELIANT REALTY LLC)

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Home : Blogs : DORIS FREEMAN Realtor Hendersonville-Nashville : DORIS's Blog - "TEAM MOTHER DAUGHTER" doris and sherri : Tag "insured loans"

insured loans: BUY A FORECLOSURE - 10/07/08 09:46 PM

We've all seen the papers about so many foreclosures, HUD foreclosures, bank foreclosures, it is definitely unfortunate, but it's also an opportunity for BUYERS.
You've also seen the ads, Handy-man Special or Great Fixer-Upper, needs tender loving care, or maybe NO FHA contracts because it needs to many repairs.
You also know the catch-22, the bank won't lend you the money to buy the house until the repairs are done
and you can't do the repairs until you buy the home, and you don't have the donwpayment, closing cost
money and enough money to do the repairs. Well, if you … (7 comments)

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