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super OT- anyone with experience buying a foreclosure house?

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Old 05-20-2004, 09:01 PM
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Default super OT- anyone with experience buying a foreclosure house?

I was looking today and think I could actually afford one down here. anyone had experience with it?

super random, but you never know
Old 05-21-2004, 04:20 AM
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Default Research carefully, if you have a friend in realestate or

a lawyer experienced with property check with them. U in cali? Make sure you check with cali lawyers and realestat brokers, cali has all kinds of screwed up laws. Do your homework u should be fine. If its gonna cost ya a few bucks to do it, think of what you can get back from saving on a home. If ya do it blind you could be in for a world of head aches.
Old 05-21-2004, 06:52 AM
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Default If you can deal with the stress, go for it.

We have some friends that have been trying to purchase a forclosed house for a few months now. They are constantly getting tortured by one bank or another over it, and it now looks like the deal won't close.

Andrew
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