What are the risks in buying a foreclosure house?
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Good Afternoon Chad,
Make sure you do your homework, if buying from auction you will be responsible for all liens, unpaid taxes and be responsible for evicting anyone living in the property. If it is vacant and is being sold by the bank or realtor as a REO home. Then note you are buying as is, so do your inspections before so you can reflect any work in your offer, be prequalified, be ready to close in 30 days or less, dont put any contingincies in your offer and make your best offer. good luck
Web Reference: http://www.ScottSellsNH.com
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So i found a short sale in boardman ohio for 249, 900.....there were two offers for 175 and 185 both
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