Comments on: Foreclosures. How do they work? http://www.mm-unib.net/how-to-buy-foreclosures/foreclosures-how-do-they-work how to buy foreclosures Tue, 24 Jan 2012 06:19:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: PIE R SQUARED http://www.mm-unib.net/how-to-buy-foreclosures/foreclosures-how-do-they-work/comment-page-1#comment-1742 PIE R SQUARED Sat, 26 Jun 2010 21:01:59 +0000 http://mm-unib.net/how-to-buy-foreclosures/foreclosures-how-do-they-work#comment-1742 Foreclosures are not usually a bargain. They are usually trashed. Just consult any real estate agent and tell him the type of house you want. You make an offer in the usual way. It may take a long time to get an answer to your offer.<br><b>References : </b><br> Foreclosures are not usually a bargain. They are usually trashed. Just consult any real estate agent and tell him the type of house you want.

You make an offer in the usual way. It may take a long time to get an answer to your offer.
References :

]]> By: teran_realtor http://www.mm-unib.net/how-to-buy-foreclosures/foreclosures-how-do-they-work/comment-page-1#comment-1741 teran_realtor Sat, 26 Jun 2010 20:29:59 +0000 http://mm-unib.net/how-to-buy-foreclosures/foreclosures-how-do-they-work#comment-1741 Find a Realtor who knows how to sell HUD houses. Do not call the listing company - their contract with HUD does not allow them to represent the buyer. They are required to do the best they can for the seller (HUD). On most houses, there is a live person on the other side, evaluating your offer. At this time of year, on bank owned and VA owned houses, if no offers come in high enough to please them, they'll wait until the market picks up a bit - or the buyers are done with the visiting relatives, and come back out to place higher offers. On HUD houses, there is only a computer on the other side. It goes simply by the numbers, and there are deals to be had. Best weeks are holiday weeks with bad weather that keeps the other buyers cozy at home, enjoying the egg nog... while you're out stealing a deal!!!<br><b>References : </b><br> Find a Realtor who knows how to sell HUD houses. Do not call the listing company – their contract with HUD does not allow them to represent the buyer. They are required to do the best they can for the seller (HUD).

On most houses, there is a live person on the other side, evaluating your offer. At this time of year, on bank owned and VA owned houses, if no offers come in high enough to please them, they’ll wait until the market picks up a bit – or the buyers are done with the visiting relatives, and come back out to place higher offers.

On HUD houses, there is only a computer on the other side. It goes simply by the numbers, and there are deals to be had. Best weeks are holiday weeks with bad weather that keeps the other buyers cozy at home, enjoying the egg nog… while you’re out stealing a deal!!!
References :

]]> By: MLaw http://www.mm-unib.net/how-to-buy-foreclosures/foreclosures-how-do-they-work/comment-page-1#comment-1740 MLaw Sat, 26 Jun 2010 19:47:59 +0000 http://mm-unib.net/how-to-buy-foreclosures/foreclosures-how-do-they-work#comment-1740 Foreclosures typically sell for as much as or only slightly less than normal sales of similar property. Unless you're planning to bid for cash at a foreclosure auction you buy it from a bank or broker like any other property.<br><b>References : </b><br> Foreclosures typically sell for as much as or only slightly less than normal sales of similar property. Unless you’re planning to bid for cash at a foreclosure auction you buy it from a bank or broker like any other property.
References :

]]>