Property Q&A in Thornton>Question Details

Tim, Home Buyer in Denver, CO

buying a home for under 50,000

Asked by Tim, Denver, CO Tue Dec 9, 2008

9420 rose ct in thornton sold for 45,000,,,,,,and many others for under 50,000......I would guess people are buying these at auction?...will someone please let the cat out of the bag and inform me how i can buy a home for under 50,000? i need to go to the local court house and look up records and place a bid?I just moved here from texas a few weeks ago and need a place to live........i have just about 62,000 in cash,....thanks......tim
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0 votes Thank Flag Link Sun Jul 7, 2013
contact the public trustee office and ask them about forclosure auctions, do your due research on the home, leins, condition, have cash ready and be prepared to have extra money on hand in the case that the home was left in poor condition.
0 votes Thank Flag Link Tue Dec 9, 2008
Hi Tim,
Well here in Florida our market has gotten so bad you can find them on the mls. If you wanted to try to buy a foreclosure before it hits the mls, the courthouse would be the place. Give them a call, it can't hurt, but it is a bit of work and research. You are also buying as is so make sure you do the research.
Best of Luck,
0 votes Thank Flag Link Tue Dec 9, 2008
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