Thanks for your post & congratulations on your decisions to purchase a home. The home you are interested in is currently listed as off the market. I would suggest you get approved by a Lender then approach the home owner on the Tax roll.
As an FDIC bank that make loan nationwide we are here to help you make the best decision for your family based on sound responsible, knowledgeable financial guidance. I can be reach at 469-347-3572 for further no obligation consultation.... more
The question was asked before FHA changed their underwriting standards to 1 year after foreclosure. Now if you can prove your foreclosure was due to job loss you can be underwritten for a new loan given you have re-established your credit.
So agents that answered the question when it was asked were not incorrect the rules have changed since then.
The Michael Group
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Depends on the market, location and the condition of the MF home. I have had 2 sellers recently where they had tons of equity. 1 the size of their lot, 2 acres and 5 acres. The 2 acre had a huge 5 car shop, that is really what sold the property. The house was beautiful, hardwood floors, custom kitchen, built in's, gazebo so the extra work and the condition brought showings. Financing is tough on them though........ more