Thanks for your service to our country from one Veteran to another. You question is not very clear. Are you looking at a foreclosed home?
We are the Nation only veteran-owned, federally chartered bank with a focus on educating customers about the mortgage process and providing opportunity for home-ownership. We have complete control of the entire Lending process with the ability to lend in all states. We specialized in FANNIE , FREDDIE, VA, USDA direct, Jumbo, Non-Warrantable Condo, Asset Based Lending, Foreign National, Construction Lending and conforming bridge Loan, As an FDIC bank we have the ability to lend nationwide. As your lender of choice we are here to help you make the best decision for your family based on sound responsible, knowledgeable financial guidance.
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Lowell E. Sterling
The Federal Savings Bank
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I would answer this a little differently. I sell many foreclosed homes that need many repairs, but that is apparent when you view these homes. Others may need very little if any work at all. I sell many homes that are in move in ready condition as bank owned homes. A home inspection is always recommended when buying any home, but especially a bank owned due to the lack of a seller's disclosure. International customers purchase foreclosures all the time, via cash or financing. You often can get a great deal in price if the home does need repairs, and you are willing to take on that work in exchange for the lower price. Normally the repairs needed are general cosmetics, flooring, paint, appliances, and minor upgrades. Good luck on your home search!... more
I think you are talking about a home that is in pre-foreclosure. If that is true, the tentative sale date is the date that has been scheduled for the sheriff's sale. This date is tentatively scheduled because the owner of the property can bring his payments current, sell the property, etc before that date and the sale will be cancelled.
Hope that helps.... more