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Buying a Foreclosed Home
Here is a blog written by Mehgan Bahm about buying a foreclosed home.
https://forum.gustanchoassociates.com/buying-a-foreclosed-home/
forum.gustanchoassociates.com
Guide To Buying a Foreclosed Home
There are many pros and cons buying a foreclosed home. Benefits include lower than market value. Cons include difficulty in financing.
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2 Replies
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Buying a foreclosed home on a non-owner occupied home home is very easy with hard money loans. Quick commitment, same day closing, and limited paper work. No income docs 70% loan to value
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Here is another blog about how to buy a foreclosed home by Paulyn
https://www.gustanchoassociates.com/how-to-buy-a-foreclosed-home/
gustanchoassociates.com
The best way how to buy a foreclosed home is to get your mortgage loan commitment with a tbd underwrite pre-approval or an FHA 203K loan.