(DOWNLOAD) "Buying House in a Foreclosure Sale is Risky Business, So Step Carefully Buying House in a Foreclosure Sale is Risky Business, So Step Carefully (At Home)" by The Virginian Pilot * eBook PDF Kindle ePub Free
eBook details
- Title: Buying House in a Foreclosure Sale is Risky Business, So Step Carefully Buying House in a Foreclosure Sale is Risky Business, So Step Carefully (At Home)
- Author : The Virginian Pilot
- Release Date : January 12, 2008
- Genre: Reference,Books,
- Pages : * pages
- Size : 81 KB
Description
I am looking at some property that has gone into foreclosure and will be auctioned at the courthouse in a few weeks. Is it better to try and bid on the property at the auction, something I have never done, or try to contact the attorneys handling the case and make an offer before the auction? Is there a percentage a person should bid at auction or offer the bank? There is about $580,000 owed on the mortgage, but the house has been empty now for a couple of years and is not in very good shape now. The humidity here in Florida has caused mold to grow everywhere. Why do you want to buy a house that is not in good shape and has lots of mold? Do you really think you will be able to get a great bargain at the foreclosure sale?
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