any foreclosure home buyers here???

[kasi]

any foreclosure home buyers here???

[afmod1]

8 minutes ago, kasi said:

any foreclosure home buyers here???

foreclosure ante enti?

[Lukewalker]

43 minutes ago, kasi said:

any foreclosure home buyers here???

almost brought a foreclosure, but backed out last minute due to loan issues. emayina questions unte, will try to answer

[WigsandThighs]

Nen kuda fire closure meedha research chesthunna, but market rate ki foreclosure ki peddha difference ledhu, old dhi koni advantage enti?

[Kalam_Youtheman]

1 hour ago, afmod1 said:

foreclosure ante enti?

as is gaa theesukovaaali.. any repairs nuvvve paettukovaaali...

moreover nuvvvu mortage loan kattakapothe..hand isthee bank vaalu ammukuntaaaruu which is nothing but frcls

 

 

If you are house hunting, you may want to consider buying a foreclosed home, also called a real estate owned (REO) property. An REO property is owned by the lender as a result of the previous owner defaulting on the loan. This is also known as aforeclosure property or a bank-owned property.

[kasi]

43 minutes ago, Lukewalker said:

almost brought a foreclosure, but backed out last minute due to loan issues. emayina questions unte, will try to answer

first of all y did you back off??

and any tips and suggestion that you got from your research??

any material or videos that help understanding foreclosures!!!

[kasi]

43 minutes ago, WigsandThighs said:

Nen kuda fire closure meedha research chesthunna, but market rate ki foreclosure ki peddha difference ledhu, old dhi koni advantage enti?

ne question ardham kala!!!!

y foreclosure anatunava???

[Lukewalker]

6 minutes ago, kasi said:

first of all y did you back off??

and any tips and suggestion that you got from your research??

any material or videos that help understanding foreclosures!!!

we went for a 203k loan as the house needed some improvements. bank said the house is in livable condition and said to go with traditional loan. if he have to update the house, it would out of pocket or home equity loan later. so back off ayyam.

I can tell you some points based our research when we went for a foreclosure.

you need to be familiar with the area. it's good to buy a ugly house in a nice neighborhood and bad to buy a nice house in ugly neighborhood. 

spend money on inspections - roof, foundation, termite, radon, appliances, mold, basement etc., this is most important part while buying a foreclosure, as previous owners might have cared less about the home when they couldnt pay mortgage. 

neighbors tho matladu and try to get info on why the house went to foreclosure, okkosari it might be loss of job, divorce but it can also be serious issues like sinking foundation, neighborhood problems like city wants to build a low income housing near by.(which would affect house value)

most important of all, find a realtor specialized in foreclosures. vallaki bank tho dealings untayi and can expedite things. it usually takes months for bank to respond for foreclosure/short sale listings. foreclosure realtor ayite bank tho deal chesi, fast ga reply ippisthaadu. 

 

[nildesparandom]

asalu alaanti houses dorakatam kastam

dorikina chaala bokkalu untay daantlo...waste of time and research

[WigsandThighs]

20 hours ago, kasi said:

ne question ardham kala!!!!

y foreclosure anatunava???

Ya.. Y antunnanu? Peddha price difference undatlrdhu ga ani?

[IMP]

22 hours ago, kasi said:

any foreclosure home buyers here???

1 buy one ltt

[IMP]

19 hours ago, nildesparandom said:

asalu alaanti houses dorakatam kastam

dorikina chaala bokkalu untay daantlo...waste of time and research

MG