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Home Buying in Lynchburg : Real Estate Advice

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Activity 3
Wed Mar 9, 2011
Marney Kirk answered:
Hi Michael,

Are you looking for how much they are getting per month in rent? How quickly they turn over from one renter to another?

How many bedrooms in the condos in question? Older or newer condos (what is the age of the building)? Elevator building or no?

I realize there are a lot of questions in there, but there are different answers based on those.

Thank you!

Marney Kirk
Keller Williams Excellence Realty
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Wed Apr 21, 2010
Christopher Lefebvre answered:
You can try searching the public records. Here is the website:

This won't tell you how much is owed presently, but it should have the last sale price and the original mortgage amount(s).
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Thu Mar 26, 2009
Robert McArtor answered:
Are you looking to bid on a foreclosure property at the courthouse steps or purchase a property aquired by the lender at foreclosure (an REO (( Real Estate Owned)) Property). These are certainly two different methods of obtaining a property. One is by signing an auction contract which has its own "terms of sale" and the other can be purchased through a REALTOR and negotiated on. Also, if you are looking for auctions in Baltimore County, pick up a copy of The Jeffersonian. There you will find a list of foreclosure properties you can bid on in the legal section. Since I have REO properties in my inventory of homes for sale, I would be more than happy to educate you on the process of purchasing an REO property.
My Auction Website:
REALTOR Website:
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