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Foreclosure in Ontario County : Real Estate Advice

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  • Home Buying1
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Activity 4
Fri Apr 15, 2016
MCM_STL answered:
The problem isn't what the owning bank will accept, the problem is what *your* lender approves.

If the home has too many issues, you simply cannot get a loan because the risk that you won't be able to address all of the condition problems is too high for your lender.

I think your agent is inflating the percentage of foreclosed homes that are purchased for cash though. Just because she's only dealt with it once doesn't mean it's that rare.
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Fri Oct 24, 2014
Stdsfd answered:
The lot size is the square footage of the actual land the property sits on.
EX..A 2500 square foot house sits on a 10,000 square foot lot.
Hope this Helps!

Steve Hudson

Modern Real Estate
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Tue Nov 11, 2008
Kevin asked:
Landlord says house is not in foreclosure. Posted note says property to be share sell on Dec 9th. Landlord claims she has the money and is going to pay what is due and i shouldn't worry.…
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