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hinds rankin and madison county: HUD Foreclosures in Jackson MS week of March 27, 2009 - 03/28/09 05:22 PM
Foreclosures can provide buyers an economical way to own a home. In my series Foreclosure Fridays, I have written some background information on buying a HUD home or other types of foreclosed properties.
This week there are approximately 35 HUD foreclosures in the city of Jackson. You can see a complete list of HUD Homes by reviewing my Foreclosure Friday reports. The best way to stay current on these homes is to subscribe to my blog, Pat Starnes Snippets.
By comparison, there are only 11 HUD foreclosures in Rankin County, four of which are in Brandon, one in Florence, and six … (0 comments)
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hinds rankin and madison county: It's Foreclosure Friday Time - March 20, 2009 - 03/20/09 10:00 AM
This is the third weekly installment of my series, Foreclosure Friday. Each issue contains foreclosure tidbits and gives access to foreclosures throughout Mississippi via HUD, VA, Fannie Mae and Freddie Mac.
As I mentioned in my previous posts, when buying a HUD foreclosure, only owner-occupants can bid during the first 10-day bid period. The longer a HUD home remains on the market, the more likely for either a price reduction or for HUD to accept a lesser sales price.
Several of the properties are now listed for ALL BIDDERS, and will be sold to the bidder who submits an acceptable offer that nets HUD the … (3 comments)
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hinds rankin and madison county: Foreclosure Friday - Premiere Edition - Tips to Buying a MS Foreclosure - 03/06/09 08:47 AM
This post marks the inaugural issue of a series featuring Mississippi Foreclosures. Since HUD announces their new listings, price revisions, etc., on Fridays, my weekly post will aptly be named Foreclosure Friday.
First, a brief introduction into buying a foreclosed property:
Anyone can buy a foreclosure, if you have the cash OR can obtain a loan (mortgage). In the past, prospects have called to ask whether foreclosed homes are available to rent (the answer is NO) or if financing is available to people with credit issues, bankruptcies, etc.
Although anyone CAN buy a foreclosure, you still must QUALIFY for the mortgage. It is strongly advised if you are looking … (7 comments)
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Pat Starnes
Brandon,
MS
More about me…
Pat Starnes Real Estate
Address: 300 Castlewoods Blvd., Brandon, MS, 39047
Office Phone: (601) 278-4513
Cell Phone: (601) 278-4513
Email Me
Pat Starnes, Realtor and waterfront specialist in Brandon, MS, writes about activities and housing news of interest surrounding the Jackson metro area.
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