Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Foreclosure in Temple : Real Estate Advice

  • All4
  • Local Info0
  • Home Buying0
  • Home Selling0
  • Market Conditions0

Activity 1
Jim Simms, Real Estate Pro in Louisville, KY
Tue Nov 15, 2011
Jim Simms answered:
What you are describing is difficult but not impossible. Three areas that are probably going to be an issue, the purchase price, and lack of experience and loan size. A home of that value would not sell for that little at auction in my area, if it does it is an indication it should be torn down. You indicated it needs rehab, but did not specify what type of auction, however, what you are describing is not something most homeowners have experience doing. Finally, loan size, permanent financing might be tricky, our minimum loan for example is $50,000. Home this is helpful.

Info on Rent to Own:

Info on the criminal side of Credit Repair:

Info on Down Payment Assistance in Kentucky:
... more
0 votes 5 answers Share Flag
Search Advice
Foreclosure in Temple Zip Codes