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Important Factors To Consider When Getting Financing On A Foreclosure, Short Sale or New Construction

By
Mortgage and Lending with Chris Brown | Certified Mortgage Planners NMLS 303797

Short sales, foreclosures and new construction homes all have caveats that need to be considered when pursuing financing.

If the guidelines and potential pitfalls are not properly understood, you could face delays in closing or potentially even a denied loan.

Short Sales & Foreclosures -

Short sales and foreclosures are everywhere. They often represent great value when looking to by a new home.

However, they also present a unique set of problems that homebuyers need to be aware of and plan for.

1.) Property Condition

Typically, when homeowners are facing foreclosure or .....

 

Read the COMPLETE BLOG POST HERE:

Important Factors To Consider When Getting Financing On A Foreclosure, Short Sale or New Construction

Comments(1)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I will check out the link. People should work with an experienced agent who will guide them when they buy a short sale.

Aug 10, 2011 12:52 AM