Please see my blog with a complete list of tips and advice for buying a bank owned home
Good luck with your purchase
Foreclosures are so much easier to work through than in years past. Good luck!
- Are you financing this purchase, count on 4-6 weeks minimum
- If you are paying CASH, some banks are asking for a 2 week closing
- If the home has title problems, the amount of time to close is infinite.
Overall, most banks usually want a 30 day close. But, remember, everything is negotiable.