Stephanie, I'm glad you are being helped and appreciate your kind email thank-you.

Good hunting, Dunes

Stephanie,

Some foreign buyers today are making financial arrangements in their home country and transferring the funds to the US for the closing. They are finding this process easier than going through ours and providing the 30-40 percent deposit required of foreign national buyers today.

Good luck

Stephanie,

good move! I wish I was that smart when I came here first time from Germany.

I would get in touch with those lenders working and being present at the auctions, and I would think they should be able to accomodate loans under $100k. The auction houses should tell you who the lenders are and how you can contact them ahead of time. If that doesn't work, talk to a mortgage broker (please contact me if you need some names) and explain your plan. A good idea in any case is to get pre-approved, so you know where your limits are.

All the best to you, and good luck!

Tobias Kaiser, MS, CIPS
Greater Fort Lauderdale Real Estate Broker + Consultant
Certified International Property Specialist
954. 561.0066

Stephanie, I don't have an answer but think someone does, so I'm just going to bump you back to the top.
Good luck, Dunes