As far as how much do you need, cash most likely. When you do bid on this it will not likely be in living condition and therefore your lender will not likely give you a loan for a property that cant be lived in.
So unless your a contractor or have cash, dont waste your time
If it is your primary residence, FHA has a minimum of 3.5% down payment. VA has a zero down payment and conventional loans require 5% down.
Please call or email me with any questions.
Jones and Co Realty
It is just another placement by RealtyTrac, a subscription based service that trolls public records and gets fees paid for access to their information. The price that they place on the property is usually nowhere near realistic. The information that RT uses is not proprietary and is easily accessible.
Visit http://marketwatchrealestate.com to see homes for sale in real time.