True or False? Is it more difficult to obtain financing on a foreclosed property...buyer needs better

Apache
Apache
Home Buyer
Roseburg, OR

credit, more down, extra in escrow at closing?

Thu Aug 6 2009, 12:21 - Home Buying in Roseburg - 2 answers
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Bill Eckler-Flo...
Bill Eckler-Flo...
Agent
Venice, FL

Apache,

Linda is on the mark........there is very little difference between purchasing a home through regular means and a foreclosure with the main differences being you are working with the bank as the owner and being required to use their approved forms.

Good luck

Mon Aug 10 2009, 04:37
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Linda Klein
Linda Klein
Agent
Lake Placid, FL
FIRST ANSWER

Obtaining financing on a foreclosed property no different than any other property, in my opinion.

Thu Aug 6 2009, 12:39
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