The things no one ever tells you. Anyone can buy a house. How much you have to spends limits your options. I work with Banks, Short Sales, Foreclosures. I have seen them take offers for perfectly good liveable properties just to get them off the books. I have also seen them hold out until it has to be torn down.
If you do not make an offer, you will never know. Find a Realtor in your area that will work for You, a CASH Buyer.
You may not find exactly what you are looking for. Be prepared to spend your monthly "payment" on the repairs.
You also may be surprised as to what you could Qualify for through an FHA or USDA Loan.
I think Erin hit the nail on the head! Make a good strong offer with as much hand money as possible, have a strong pre-approval letter, keep your inspection contingencies simple (one way to do this is to shorten the traditional 15 days to 10 days or less) and make it clear that you want the house, you're not playing games, trying to "steal" something.... more