Check carefully the advertisement to avoid misunderstandings and possible scams.
Always consult a professional Realtor to find out the information on the property.
Many of the "as low as" are not really low or it is just the starting bid price.
You can always call me to get free advise. I am CDPE and REO certified
The banks don't lend money on the loans smaller than 25K.
You can also use a hard money lender (not on 2K purchase) and the downpayment is normallly 40 to 50 % if the credit is not good plus fees.
Irina Karan, CDPE
Beachfront Realty, Inc.
$2000,00 for home that probably for land only home can't be lived in
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
If I was you I would find a good real estate agent and have them look for bank owned homes in the mls for you AFTER you speak to a lender to see if they will lend you money.