So my man and I are going to buy a house in the spring. We’ve just started looking. I found a house listed as a forclosure not far from our apartments, owned by the bank. Is listed at 109K, appraised for 224K. 3500 sqft. I’m keeping an eye on it right now for the spring.
Does anyone have some good, legit resources for learning about forclosures? Any stories, good or bad, from your own experiences? Anything I should look out for especially?
If it’s that good of a deal, it’s going to be gone by spring. 1 of two things is going to happen. 1. it’s a pile of shit inside and needs 100K in work. or 2. it’s actually a good deal and you need to jump on it.