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North Georgia area/ We have not seen any rodents or holes only dropings. EWW…help
Well here in australia its 100 dollars call out fee, and the rest depends on how big the job is.. Usually around 500 dollars all up to spray.
Why dont you just set traps your self??
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Wouldn’t it be cheaper for a potential investor or new home buyer?
I’ve been browsing a lot of the homes – online in california.
A number of the homes that have been foreclosed on and available on the market seem like great deals. Because the bank only wants what is left on the mortgage to be clean with the home.
The one problem I see with the homes being offered, is the extensive renovations the former resident did with these homes. It seems that someone had a lot of time on their hands and a lot of bad taste. On the outside the houses seem to show promise. But what they did to the house interiors & surrounding property up-grades, were just ugly if at all extraneous wastes of money and materials.
These weren’t up-grades, just liabilities. These degrade the property further than improve it.
I’d rather bulldoze an ugly house & re-build from scratch than get someone else’s ugly house.
We have a buttload of foreclosed houses here in Las Vegas also but most just stand there empty. Pretty soon graffiti on them and holes knocked in the stucco. Home values dropping like a lead balloon. Very sad situation. However, I have to say my daughter and her husband bought a foreclosed house a few months ago. When new this house must have been at least $600,000. Now a couple of years later after the foreclosure it sold for $300,000. I guess it was a 1/2 price sale. It’s an awesome house with slate flooring, 4 bd/4ba, loft, 3 car garage, 3800 sq ft and on a big lot in a cul de sac. Hurray for them!
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With the current state of the housing market, aren’t there any special programs to buy a foreclosed home? I mean- prices of homes are dropping, and the number of foreclosures is on the rise, so it seems to me that something would be available…
A city should not care which home you buy- so any special deals they offer should be available on all homes in a given price range or maybe area of town.
The federal government would not care either- they may want to encourage you to buy a home but they should not try and influence you to buy a bank owned home rather than a citizen owned home. The bank that owns them may offer a special deal.
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So we are buying our first home which is a bank owned foreclosure and I need help…I would like to know how I could eliminate some of the stresses?
I know its a tough market now, but we’ve been in the escrow for 2 months. We signed our final pile of docs two weeks ago and seller who is the bank has yet to sign off on their end. The title company can’t move on without their signatures and we can’t move on with anything. We can’t get planning on moving out of this place, planning on remodeling, etc. Its been so stressful and finally when I got relieved when the docs were signed and I was patient for a week but don’t understand why its taking 2 weeks to sign the docs. The seller’s agent says she did everything on her part and pretty much said to our agent ‘don’t call me everyday. I did everything I could’. We are kept in the dark.
We are at the point where we are ready to back out. I’ve been loosing sleep over this ‘not knowing’. We are considering signing a notice to perform form but our agent told us that this could sometimes push them to get things done but other times it can backfire too.
Please help!
if you want less stress, DON"T BUY A BANK PROPERTY.
Having the bank not sign the paperwork is ONLY ONE problem. You are also buying the house AS IS. I pray you had a home inspection.
However, if you got a great price, then this is the price you pay. HOwever, I’m betting you didn’t get that great a price or paid closing, etc.
i wanna buy a house in houston since the market is down but i want the best foreclosed deal without too many repairs.
First, make a list of all the foreclosed homes in the area you are thinking about buying. There are some real deals to be had. Find your counties sheriff’s homepage. They might have a list of foreclosures that you can use. If not, then go to your county Auditors website. They usually have searcheable pages. Type in a name or address. Type in "bank" and you might get some bank owned properties listed.
The bank probably bid enough to get the property back and now has it on its’ books. Type in different names of banks to see what properties they hold title to.
You can do a lot of this on your own with a little searching and not pay someone for a list that it out of date.
Drive by them and look for yourself. Ask the bank to look inside so you can check it out or have someone go with you.
You will save a lot of money if you find the right deal. A little sweat and you’ll have instant equity.
I live in Milwaukee, WI. and am a low-income, first time home buyer and have been advised to look into a Bank Forclosure house. Do I need a realtor, and what do I look for? any advice on free web-sites where I can get the info I need, would be appreciated. Thanks.
I just researched this for a neighbor. Start with www.homepath.com. You can search for homes in a number of ways. Also look for HUD, Fannie Mae and FHA loans.
I have been pre-approved and have contacted 2 real estate agents. 1 helped me put in an offer on a foreclosure and then never contacted me again to tell me the outcome or to even assist me in buying another home. The 2nd one met me at 3 properties (foreclosures) and the one I wanted to bid on (hud auction) she refused stating it would just end up going well over the list price which was then over my approval amount (identical home just went for 30K less). I’ve mentioned a couple of others well below my approval amount and she just replies that those are short sales and will take a very long time to close. Then, she sent me 6 old handy man specials to review in my price range when she knows I want a newer house. I then emailed 3 agents from the HUD website to bid on the auction house and none replied. Any suggestions on where to go from here and what is the major problem in trying to buy foreclosures/short sales?
It sounds like you are obviously not qualified to buy any of the houses you are calling on and all of these agents do not want to waste their time playing a game that will never end.
Instead of deciding what you want, go with your minimum requirements and how much you can afford to buy and have one tell you what that will buy in your market. A fixer may be the best you can do with your budget. If you qualified to bid at all on a HUD home you are low income, and most of that inventory has been bought up.
Just wondering if anyone knows if the first-time home buyer tax credit that’s being offered is good towards to purchase of a foreclosure or home purchased through a county tax sale? How would this work? Where can I find more information on the specifics of the tax credit?
Yes it is good towards any home. It is 8K if the house cost 80K or more. You just need to fill out the form 5405 on your 2008 tax return. It is simple easy 1 page form you could do in your sleep, no need to hire anyone to help. If you already filed your 2008 tax return you can just amend it and get the refund right after you close. Go to www.irs.gov and look up this form.
Im wondering what if anything should I expect wrong? We think as soon as the water is out and pressure washed, and the water treated we should be fine. Any pool contractors that have dealt with this how much have you charged?
I live in florida and not to be funny but the water is very green for all i know there may be a dead body in there…..
Nina, before you pay anybody anything, understand this from me, a pool owner. The water is green. That means algae. How green says how much algae. I’m not there. I can’t see it. But, you can get really ripped off by contractors if you don’t know what’s going on.
I am just north of Boston. So, obviously, my outside pool is not used during the winter. If I closed it right, which I did not do this year, my 24 foot round, above ground pool will be very green come spring. Five gallons of pool shock, also known as chlorine, will turn that water clear in just a few hours. Then I will have to use a device to get the leaves off the bottom.
You probably will have to do the same thing, or you can pay a contractor. To open up around here, I would probably pay about $150, maybe $200. Keep that in mind, because the pool is a luxury, and the prices they charge for luxury toys can knock you on your backside. But, there are other contractors that play fair, because they want your repeat business.
If there is anyway in which I can advise you, don’t hesitate to shout at mslade@rocketmail.com, or wierdwillie@gmail.com. By the way, if you go to wierd willie, read my blog. You might enjoy. Best of luck on your new home.
I have been looking into buying a home but have little to no credit which poses a problem with every real estate agent i have spoken to. Is it easier to purchase a foreclosed home then one thats just on the market? What steps do i have to take to buy a foreclosed home and is it difficult? I live in PA if that helps any….
No, buying a foreclosed home isn’t easy. First, you have to deal with banks and that alone is NOT easy. Second, they are looking for all cash or you have to have to be qualified with another lender. Both foreclosed homes and homes on the market are looking for buyers that are pre-qualified for a mortgage and have good credit.
If you’re looking to buy a home with little or no credit then I would suggest you look into a lease-option. That’s a rent to own type of deal. It’s similar to renting only you have the option to buy the home within a year or two. Your chances are better, however, they may also do a credit check as well. Most lease option sellers are investors and don’t focus on credit as much as rental history and stability or work history. You might pay market value for the home, but it will be in move-in ready condition and if it’s not what you want, you can choose not to buy it in the end, although you won’t get any of your money back (you don’t when you rent either). In the meantime you should be building your credit so when the time comes to renew the option you have the choice to renew it or apply for a mortgage on your own, with a low fixed rate.
Hope this helps you, best of luck!
www.webuyhouses24-7.com
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