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Jay Lindsey

"Your One-stop Shop for All Your Real Estate Needs"
About:
Jay is an experienced real estate expert servicing the Northern Virginia and Washington Metropolitan markets. He is knowledgeable in Residential Sales, ... show more
Testimonials:
"I have known and worked directly over the past two years with Jay and have found his attention to the details of his profession and professionalism as ... show more
Jay Lindsey answered:
Absolutely you can get financing to purchase a foreclosure or REO property. However, this will vary per each individual situation. For example, at a lower price point (under $400,000) you may be up against aggressive competition from investors who are able to pay all cash and this will be a more secure option for the seller (bank or trustee) involved. Additionally, some REO sellers may request you qualify with their lender prior to submitting a contract but they cannot force this. Please let me know if you have any further questions and I will be happy to answer them. Regards, Jay Lindsey, jay@jrlgrouponline.com. - Fri Sep 18 2009, 09:39

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