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Foreclosure in 68516 : Real Estate Advice

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  • Home Buying1
  • Home Selling3
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Activity 5
Wed Jun 29, 2011
Gina Swan answered:
Check with a mortgage company or local USDA office regarding a USDA loan. The property would have to qualify. Additionally, you'll want to ask the mortgage company if any type of scholarship monies, etc., your husband may be receiving could be considered income and help in getting the loan.
Good Luck!
... more
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Fri Sep 3, 2010
Isaac Bensussen answered:
Amybeth; My advice would be to find a Real Estate professional to represent you in the area where you want to buy. It is not going to cost you a penny. He will help you out with everything that you need to know starting with showing you the property, giving you his input as to how much to offer. If it is a Bank owned property, the Bank will answer you fairly quickly. Sometimes in as little as two days. Sometimes they take longer. Also, depending on the area and the amount of foreclosures that are for sale, will give you and your agent an idea of the competition and the price to offer. If Bank owned houses are selling very rapidly, sometimes with overbidding wars, you have to offer a little more than the asking price; but of course, it all depends if the asking price is very reasonable to begin with. Other areas are languishing with foreclosures for sale. Ask your agent to ask the Bank agent if the home has received other offers. ... more
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Fri Jan 7, 2011
Patricia Ruiz answered:
No, I'm my opinion it is not. There are several sites that you can go to to find foreclosures. Many of them are bank websites and it's free. Such Wells Fargo, Ocwen, Countrywide. I'd be happy to give you some websites. Not sure if I can post them though. Are you currently working with an Agent? He or she should have access to at least the MLS foreclosures. ... more
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Tue Sep 16, 2008
Jeff and Ginny Mitchell answered:
Sometimes buyers can make a good purchase in this way. One needs to be well-informed though to inspect the property, investigate possible problems, know the area, and current market values before yidou become emotionally involved in the excitement and overbid. In addition, you need to learn the local laws on original owner reinstatment. The time frame can vary and extend even AFTER you have closed on the purchase. Good luck to you! ... more
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Thu Feb 18, 2016
Rhonda asked:
We had two different short sale offers the 1st one they denied. They ordered 3 BPO's on the property. The second offer was higher. They assured me the sale would be post poned. I we...
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