cash buyer: Buying a Foreclosure: some questions to ask
- 08/20/09 10:39 AM
At the rise of foreclosures properties, everyone wants a piece of them. But in reality, most of these properties need some work and are not suitable for every buyer, as a cheap price can create a financial burden if repair/fixing costs between other costs, are not taken in consideration. Here are some questions to ask before dealing with foreclosures: Im new into foreclosure, what is the first step to take? Get prequalified. This step is a must for any type of purchase. For buyers that are buying the foreclosure as an investment or second homes, be aware that the financing for this type (3 comments)