Anyone buy any foreclosed houses?

[Al-Gebra]

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.

[benchmstr]

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

bench

[Migs]

there are deals out there, but be ready to pump money into them.  many are in bad shape

[astro]

how does one purchase a forclosure?

[SinCitysmallGUY]

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.

[astro]

so basically you have to have all the cash available

[MB_722]

or great credit.

large cash reserves is always good.

[SinCitysmallGUY]

Yeah good credit or all the cash.. That is what it takes. Hence why not everyone is doing it...