Foreclosure in Andalusia : Advice

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Vincent Leon…, Real Estate Pro in Philadelphia, PA
Vincent Leonardo answered:
I am looking to buy forclosed property in PG County Maryland and I want to know any good realters that deal with forclosed , bankown, or REO property?
I recommend a Keller Williams rep, We are the best! I will be more than happy to refer you to a top agent in the area if your interested. Best of Luck!
0 votes Share Flag Fri Sep 28, 2012 Foreclosure in 19020
Vincent Leon…, Real Estate Pro in Philadelphia, PA
Vincent Leonardo answered:
How can a foreclosed home cost under $20,000? I was looking online and I noticed some houses for sale that were under $1,000.
To make this simple...Stay Away! When it sounds to good to be true. It usually is. I agree with the rest. Best of Luck!
0 votes Share Flag Fri Sep 28, 2012 Foreclosure in 19020
Vincent Leon…, Real Estate Pro in Philadelphia, PA
Vincent Leonardo answered:
Is there room for negotiation on a bank owned property?
It depends on the market. It there are a ton of REOs in the market you can sometimes drive the price down even lower. Basic laws of supply and demand. Cash is a great way to lower the p ... more
0 votes Share Flag Fri Sep 28, 2012 Foreclosure in 19020
Vincent Leon…, Real Estate Pro in Philadelphia, PA
Vincent Leonardo answered:
can i get a livable home for 15 to 20 k wiht only minor repairs? in florida?
Great point Joshua! But I hear you can find some great deals in Florida these days! Best of Luck!
0 votes Share Flag Fri Sep 28, 2012 Foreclosure in 19020
Cinnamon Bof…, Real Estate Pro in 19020
Cinnamon Boffa answered:
Corporate owned property, proof of funds / pre approval offer, will I even get a lender to pre-approve me or should I not even bother with this house?
Foreclosure, HUD, REO and corporate owned ,each home is different and the Banks are looking for the best possible price.

There is the 203K streamline mortgage, for a home that need ... more
0 votes Share Flag Sun Mar 7, 2010 Foreclosure in 19020
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
Can any agent help me to buy a foreclosure, or are there special agents for that? Re: Realty Trac Foreclosure properties listings for hundreds of $$$
Any agent or realtor can help you to find foreclosures that re on the market. Ignore realtytrack listings. You can not buy a house for what they are giving as sales prices.
0 votes Share Flag Sat Mar 6, 2010 Foreclosure in 19020
Heather Ober…, Real Estate Pro in Newtown, PA
Heather Oberhau answered:
I have found a promising property that is now bank owned by Soveign Bank. Who do I contact to make an offer?
Hi Toni,
I second (third, fourth, fifth...whatever) using a Buyer's agent if you haven't already gotten one. Another thing to think about is your financing. It's getting more and mor ... more
0 votes Share Flag Sat Mar 28, 2009 Foreclosure in 19020
Dennis Stran…, Real Estate Pro in 19115
Dennis Strange answered:
how do I purchase a foreclosed home?
There are all different names for distressed properties...and they all have different time-lines, contacts, and processes that the home needs to go through before it can settle. For exa ... more
0 votes Share Flag Fri Aug 8, 2008 Foreclosure in 19020
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