Yes, any mortgage lender is able to find financing for a purchase whether it was a foreclosed home or a standard sale is not a factor unless it is in bad repair. Please feel free to call or email me and we can explore in more detail what you are hoping to do. Warm regards,
Hello Donna, Yes, in fact my bank will finance a foreclosure if you plan to occupy the home as your primary residence. Our loan program will not only provide funding to purchase the home but also provide the funds necessary to make repairs and updates! If this sounds intersting to you please repsond to this email or give me a call and we can explore your options. Bill Cargill
Of course! Some loan program may not be available if the property is in very poor condition (i.e. FHA doesn't want to see plumbing or roof problems, and there needs to be functioning appliances, etc.) I'd be happy to assist you in your search. Keep in mind that foreclosures aren't always a great deal. Most bank owned properties are listed at "fair market value".
Yes, you can finance a foreclousure. There are conditions that have to be met though. Let me suggest getting with a Realtor first to discuss what and where you are trying to buy. Then get with a lender. They will tell you what the ins and outs are of buying a foreclousure. Thanks
Yes, most likely unless the condition is too significant. The foreclosing lender may offer financing as well as if you qualify for any special financing
Good Luck to you,
Rob Hughes-Long and Foster Real Estate INC.
Yes they do IF the property is in financable condition. Occasionally the bank that has foreclosed even offers special financing themselves. Let me know if you would like a list of bank owned properties to consider.
One of the nation's top real estate sites for finding foreclosure listings online, Homes.com is the perfect place to search for the cheapest price on local homes. Search our nationwide database of foreclosure properties for sale, including pre-foreclosure homes, default properties, short-sale foreclosures, foreclosure auctions and more. Consumers searching homes for sale in Colorado can reach out to the Homes.com community of real estate agents and professionals for answers. By offering answers to home buyers, Colorado real estate agents can demonstrate value and build credibility.