Question Details

Larry, Home Buyer in Florida

Pre-foreclosures When the $ balance amount listed is as low as $2,300.00, what does that mean?

Asked by Larry, Florida Sat May 24, 2008

This is general question. I see detail saying balance owed is a certain amount. Is this purchase price? Are there leins? How do I know what true expense will be?

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Answers

1
Your best bet is to find a local Realtor to help you. The balance due does not mean that yu can buy the home for that price. The true expense will be the purchase price, plus closing costs and the costs. Good luck!
Web Reference: http://www.cindihagley.com
0 votes Thank Flag Link Sat May 24, 2008
The Hagley G…, Real Estate Pro in Pleasanton, CA
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