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Getbig Main Boards => General Topics => Topic started by: Al-Gebra on October 05, 2007, 06:41:12 PM

Title: Anyone buy any foreclosed houses?
Post by: Al-Gebra on October 05, 2007, 06:41:12 PM: I haven't had the time to look into this, but there's got to be some bargains out there.

benchmstr probably bought ten or eleven. he probably rode up to the houses in his 1500 bhp Mustang, whipped one of his 144 glocks out, and then planted a "pwned" sign in their front yards.
Title: Re: Anyone buy any foreclosed houses?
Post by: benchmstr on October 05, 2007, 07:36:03 PM: Quote from: Al-Gebra on October 05, 2007, 06:41:12 PM
I haven't had the time to look into this, but there's got to be some bargains out there.

benchmstr probably bought ten or eleven. he probably rode up to the houses in his 1500 bhp Mustang, whipped one of his 144 glocks out, and then planted a "pwned" sign in their front yards.
you saw that ;D

bench
Title: Re: Anyone buy any foreclosed houses?
Post by: Migs on October 08, 2007, 03:33:24 PM: there are deals out there, but be ready to pump money into them. many are in bad shape
Title: Re: Anyone buy any foreclosed houses?
Post by: astro on October 09, 2007, 10:28:50 AM: how does one purchase a forclosure?
Title: Re: Anyone buy any foreclosed houses?
Post by: SinCitysmallGUY on October 09, 2007, 11:09:26 AM: Quote from: astro on October 09, 2007, 10:28:50 AM
how does one purchase a forclosure?

Well you can go about getting a list of the forclosures in your area, then you can go to the bank and offer them money for the property.. It's a little more complicated then just that but more or less in an egg shell. That's how my dad does it. He goes directly to the bank and starts discussing just purchasing the home from them.
Title: Re: Anyone buy any foreclosed houses?
Post by: astro on October 09, 2007, 11:25:29 AM: so basically you have to have all the cash available
Title: Re: Anyone buy any foreclosed houses?
Post by: MB_722 on October 09, 2007, 11:27:04 AM: or great credit.

large cash reserves is always good.
Title: Re: Anyone buy any foreclosed houses?
Post by: SinCitysmallGUY on October 09, 2007, 11:32:19 AM: Yeah good credit or all the cash.. That is what it takes. Hence why not everyone is doing it...