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01151 : Real Estate Advice

  • All5
  • Local Info0
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 4
Mon Jun 5, 2017
Sally Grenier answered:
Hard to say. These sites are notoriously inaccurate and have many bogus "foreclosure" listings. Most of the times the homes are in pre-foreclosure (owner is behind on payments) and the bank has filed an NED with the county (notice of election and demand). This doesn't necessarily mean it WILL be foreclosed on and it definitely doesn't mean it is actually available and for sale. Many people are able to "cure" it and get back on track. If you're interested in buying a foreclosure (or any property for that matter) you really need to hire a REALTOR as your Buyer's Agent. Any and ALL available foreclosures will be listed in the local MLS, which your agent has access to. These sites just have bogus listings. P.S. There aren't many foreclosures anymore anyway, since most of the country has recovered from the housing crisis. If home owners are behind on their payments, they are more likely to sell (and still make a nice profit) rather than let the bank take it back. Make sense? Good luck to you! ... more
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Sun Sep 23, 2012
Don Maclary answered:
Tue Jun 5, 2012
Christine Moran Realtor & Notary answered:
There are ways to do this. Talk to your local bank to see what loan options would work the best for you.
Rental properties are very good investments right now with the low rates. I have a loan person I can refer you to if you need assistance. ... more
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