How do I buy foreclosures directly from the government?

Archived in the category: foreclosures
Posted by admin on 23 Mar 09 - 5 Comments

Do you have to be a real estate broker or agent (and have brokerage license) in order to buy directly from the government? What prices can I expect on foreclosures in our declining economy? I don’t want to pay anything higher than expected in our current economy. Where can I obtain the foreclosure listings and other info for free? Please direct me to a proper website that explains all this. Thanks.

You have to have a Realtor. Prices are based on current market value, usually based on taxes or a Current Market Analysis. Be careful of your web searches, get a reference from someone you trust. A lot of vultures out there right now, even at good prices today, you could still get stiffed.

5 comments for “How do I buy foreclosures directly from the government?”

1
RU Quazee

Bring cash!
http://www.bidselect.com/
References :

March 24th, 2009 at 2:36 am
2
Rick

Keep checking foreclosure website, there’s a fee most of them.
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March 24th, 2009 at 2:44 am
3
Move on

A small percentage of the foreclosures are gov. owned and actually that would be by the federal housing association. Most foreclosures are bank owned. Contacting banks will give you information on foreclosures and short-sales.
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March 24th, 2009 at 2:56 am
4
RKA

You have to have a Realtor. Prices are based on current market value, usually based on taxes or a Current Market Analysis. Be careful of your web searches, get a reference from someone you trust. A lot of vultures out there right now, even at good prices today, you could still get stiffed.
References :

March 24th, 2009 at 3:45 am
5
Jose M

ask ur mom.
References :

March 24th, 2009 at 3:53 am

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