how do you buy a preforeclosure?

Beth
Home Buyer
Blue Point, NY

Answers (3)
Bill Eckler-Flo...
Agent
Venice, FL

Beth,

Be in touch with one of our top Trulia real estate professionals in your location. I certain they will be able to provide the quality service you are looking for.

Good luck,
The "Eckler Team"

Sun Sep 21 2008, 17:24
Scott Godzyk
Agent
New Hampshire

a preforeclosure is a little tougher to purchase than an already bank owned property, the seller will usually owe more than the house is worth,l and time is not on your side. your best bet is to have a realtor working for you is well experienced in short sales who can negotiate with the seller to do a short sale. without the sellers particapation, it will not happen, dont waste ytour time. if teh seller agrees the broker will then negotiate with the bank to complete the short sale. it could take 3 months for the process os you need to have time, patience and an experienced broker looking out for you. good luck

Sun Sep 21 2008, 15:28
Cindi Hagley, W...
Broker
San Ramon, CA
FIRST ANSWER

The site below has some good FAQs! Hire an experienced Realtor and have a ton of patience....these can be great deals!

Sun Sep 21 2008, 13:43

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