You have many different options. The best option depends upon the particular property, your personal financials, and other factors. I have closed on foreclosure's with an FHA loan. The buyer agreed to paint or hire someone to paint the bare wood around 2 back windows prior to closing. He did so for the equity he was getting and loved the home. I help Buyer's buy foreclosures and I help seller's as soon as they go into default and as late as when their redemption period ends. Realty One has established relationships with local attorneys who represent the foreclosing banks.We also have a full time researcher at the court house who can get all the research on the home prior to your making an offer. This can save you time & headache if there are unforseen title problems or just give you peace of mind & knowledge to make the best $ offer. Realty One Corp. takes the stress away so that there are no surprises.
Feel free to call me anytime 316-644-9101 or We will discuss all the possibilities and explain all your options, regardless of whether that involves us and our company at all! I am not far from you. We are located in Derby. http://www.realtyonkansas.com
PS~I have a buyer looking to purchase 125k in Mulvane. Is your home on MLS, I'll make sure it gets on the list if it has what they are looking for.