Buying & Renting Real Estate : How to Buy a Foreclosed Home at Auction
Tuesday, February 9th, 2010
Buying a foreclosed home at auction requires an experienced real estate agent and paperwork confirming an approved mortgage loan. Learn how a foreclosed house must be purchased from the bank after an offer is made and accepted, so it’s important to do an appraisal prior to making an offer, with tips from a real estate broker in this free video on house financing.
Expert: Penny Smith
Contact: www.liveoakgroup.com
Bio: Penny Smith has been in real estate for more than 14 years.
Filmmaker: Reel Media LLC
Duration : 0:2:0
(more…)
“>
With real estate down, the number of foreclosed-upon properties growing and buyers looking for deals, are foreclosures a smart purchase? Bloomberg On Demand explores the risks and rewards of the buying at every stage of the foreclosure process.
When buying a foreclosed home, find a real estate agent familiar with foreclosures and be prepared with an approved mortgage loan. Understand that a foreclosed home is owned by the bank and will not be repaired before the purchase with tips from a real estate broker in this free video on house financing.