questions to ask when buying a foreclosure

Without knowing how to properly interview and hire a real estate agent, many homebuyers end up hiring the first real estate agent they meet. It can be difficult to reject someone, but you’ll get the best home buying experience if you know how to choose a realtor that’s right for you.

Bill Gassett is a thirty-two year veteran to the real estate industry. He enjoys providing helpful information to buyers, sellers and fellow real estate agents to make sound decisions.

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"They don’t know where to go and what questions to ask." The community isn’t as welcoming as the "thank you for your service" memes would have you believe. Bowen’s home was foreclosed on after the.

Buying a home can be one of the most rewarding experiences of your lifetime. Too often, however, people jump into the buying decision without taking the time to ask some important questions that, if not answered, can turn their thrilling purchase into a source of unending stress. One area where this happens often in purchasing a foreclosed home.

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31 Questions you need to ask before buying a foreclosed property. What are the payment terms? You need to find out what’s the minimum down payment, how long are the payment terms, interest rates, and whether the interest rates are fixed, and the monthly amortization.

Buying a foreclosed home is a little different. "Buying a foreclosure is definitely a bit of a grind. It’s not easy," says Robert Jensen, broker and president of the Rob Jensen Co. in Las Vegas.

What are some things to consider before buying a foreclosure home? Here are 5 questions to ask to ensure a rewarding buying experience, and the best price.. How to Buy a Foreclosure Home or Property From a Bank – 5 Questions to Ask. By. kevin khachatryan. Views. 34.7K. Share this Article.

9 Tips for Buying a Foreclosure. In this market, buying a foreclosure can mean helping a neighborhood to survive. Here’s what to look out for if you’re considering it. Be sure to ask yourself a number of questions: Do you have the money for the extensive repairs these houses often need? "Do.