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[ADVICE] Buying a house in foreclosure

Discussion in 'BBS Hangout' started by London'sBurning, Aug 11, 2012.

  1. BetterThanEver

    BetterThanEver Contributing Member

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    If you call the bank, their REO department may not handle the sale. If the bank(investor) has a mortgage servicer that handled the foreclosure, then you would have to go through a different company. It may be easier to get a buyer's agent as Xsatyr suggested.
     
  2. updawg

    updawg Member

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    So if the house has been sitting there vacant for a year or so, I assume that means no electricity and water which means no AC. Isn't that a big problem, won't there be mold/mildew problems etc? That something I've always wondered about foreclosures
     

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