Is is more difficult to purchase a short sale or forclosed home with programs such as NACA and ACORN?

Asked by Tina Brown, Silver Spring, MD Fri May 15, 2009

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Celine F’s answer
Celine F, , Louisiana
Fri May 15, 2009
Does not hurt to try.

But work with your agent and lender to find properties that are within certain conditions / location (if NACA or ACORN has restrictions on them).

At the same time, try to look for other financing options.

Good luck!

Celine
Web Reference:  http://www.imminest.com
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Dana Schuster, Agent, Slidell, LA
Fri May 15, 2009
Most of these have multiple offers and a cash offer--even at lower price will win out over one with complicated financing.
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