This Is What A Typical Pineville LA Foreclosure Looks Like--
Searching for a foreclosure bargain in Pineville Louisiana? Want to find the "steal" of the century? Take a close look at the above photo, this is what a typical Pineville foreclosure looks like.
For the Bargain Price just south of 35,000 dollars, the buyer can own this home on 2 acres. Will the home qualify for 100% Rural Development Financing? Not in a million years. Got a VA loan? Keep looking! Due to condition the successful bidder will need cash or in-house financing.
With work (and money) this property could be an excellent investment. But don't think for a moment it is turn key. Most Pineville Foreclosures need some degree of renovation. Think about it, if the owner was not paying the mortgage, why would they fund routine maintenance?
Once the foreclosure is complete and the owners are evicted, the property normally sits vacant for a period. During this time the empty home becomes a tempting target for vandals. It's not uncommon to see such units stripped of the air conditioning and electrical wires. Literally anything with resale potential grows legs.
Still want to purchase a Pineville La foreclosure? Get your cash together, or talk to a trusted lender to get a line of credit. Then fill out the form to search foreclosures in Pineville Louisiana.
Call Doug Rogers (318) 613-1994, your Pineville Louisiana foreclosure expert.
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