questions to ask when buying a foreclosure

Five questions you should ask when buying a house 12 Questions to Ask Your Real Estate Agent | PennyMac – What are the best questions to vet a real estate agent?. Whether you are buying or selling a home, your real estate agent.. In foreclosures and short sales, the process is complicated, and your risks as a buyer are greater.

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Trump’s treasury nominee defends foreclosure practices, ties to offshore entities – During an exchange with Ohio Democrat Sherrod Brown over his role in homeowner foreclosures. know [the answer], why did you ask me?" Mnuchin said. “It seems to me with all due respect that you just.

does a home equity loan count as income Home-Equity Loan Definition – A home-equity loan is a consumer loan secured by a second mortgage, allowing homeowners to borrow against their equity in the home. If you have a steady, reliable source of income and know that you will be able to repay the loan, its low interest rate and possible tax deductibility make it a.

Foreclosure Homes – 10 Questions to Ask When Buying – One of the things that you need to do when buying foreclosure homes is to ask the sellers questions regarding the property, price, etc. If you do not want to forget anything important and end up bugging the sellers with your numerous calls, make sure you write them all down.

How to Buy Foreclosure Properties at Auction – Your Foreclosure Auction Questions, Answered. As with any real estate purchase, there are a variety of expenses associated with a foreclosure auction. Charges, fees and costs vary widely, so it’s important to understand these expenses before you bid. Here are some questions people often ask about financing and buying a foreclosure at auction:

home affordable modification program (hamp) The Expiration of HAMP: What Options do Homeowners Have. – For years, the Home Affordable Modification Program (HAMP) provided a potential for relief for struggling homeowners to cure a default and to prevent the foreclosure of their home by their mortgage lender. hamp was first enacted in 2009 as part of the making home affordable (mha) program in reaction to the subprime mortgage crisis.

Before You Buy a Home: Questions to Ask – FindLaw – It’s important to ask certain questions before you buy a home, such as what is the condition of the home and how long has it been on the market. Learn about this and more at FindLaw’s real estate law Center.

9 tips for buying a foreclosed home – CNN.com – A tide of foreclosed properties has been sweeping into the. Be sure to ask yourself a number of questions: Do you have the money for the.

What are the "dangers" of buying a foreclosure property? What questions do I need to ask? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

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.

Foreclosure | USAGov – Learn some of the basics about avoiding and handling foreclosures.. One sign of a scam is when they ask for a fee in advance. Learn how to spot housing.

refi 2nd mortgage only Refinancing Your Mortgage: A Band-Aid Or Long-Term Solution? – Refinancing your mortgage may sound like a big hassle, but the process is straightforward. But first, you must consider whether it. A good rule of thumb is to refinance only if you can get a lower.