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Old 03/19/2007, 08:59 PM
scott324 scott324 is offline
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Join Date: May 2001
Location: Rockville MD
Posts: 315
Questions on buying Foreclosures - Anyone ever done it?

I am interested in possibly buying a property that has been foreclosed. I am looking for the dos and don'ts and any tips you may have. Is it normally ok to try and view the house before you bid or is it sight unseen? If you can view the house does that mean inside and out - exactly what kind of access can you get? Also, is possible to get financing for a foreclosed house. If I have enough to put down the downpayment at auction, can I then go get financing or to I have to have the entire amount up front?

Thanks and please add any other info you see fit.
 


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