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Pre-Foreclosure Homes advice needed

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klauricella

Beach Lover
Can anyone provide information/advice on purchasing a pre-forclosure home??? I will be a first time home buyer so any advice would be helpful.
 
Can anyone provide information/advice on purchasing a pre-forclosure home??? I will be a first time home buyer so any advice would be helpful.


Is it a short sale?(seller selling for less than owed) If yes, make sure your agent has done a few or get an agent that has. The first short sale class I took the teacher said the buyer and seller must work together to make these things happen. The buyer must have lots of patience. They can take a long time. The bigger the bank, the longer they take.
 
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