buyingforeclosures: Buying a bank foreclosed home
- 02/19/08 03:43 AM
I have worked with banks for many years and some of the tricks I have seen for both agents and buyers to get the best deal is be prepared. Present the best offer, complete approval letter and read and sign the requiered addedumn All banks have different requirements you need to agree to, read it ALL. It will save you a lot of grief and money in the end. I have one bank where if you do not ask you will have to pay both sides of the title insurance. Again read it all and know what extra closing costs are … (7 comments)
I have worked with banks for many years and some of the tricks I have seen for both agents and buyers to get the best deal is be prepared. Present the best offer, complete approval letter and read and sign the requiered addedumn All banks have different requirements you need to agree to, read it ALL. It will save you a lot of grief and money in the end. I have one bank where if you do not ask you will have to pay both sides of the title insurance. Again read it all and know what extra closing costs are … (7 comments)
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