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Old 12-06-2007, 01:17 PM
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Default How do I go about buying a foreclosure properties...

...from a sheriff sales or the bank or mortgage companies or le
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Old 12-06-2007, 01:27 PM
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state department in your state usually will have an auction once a month you can also go to city hall and look at listings.
Don't pay someone to do what you can do on your own. The only thing you must remember is most of the time you cannot get inside these properties before buying and most people who are kicked out leave it a mess because they are angry. Also when going to an auction you must have at least 10% in a cashiers check or money order.
If your looking for a really good deal really cheap their is big wigs that do this for a living. I say it is a good idea if you plan on living in the property or hanging on to it, most big wigs need to buy cheap to make a profit off of it. They are not going to mess with something that is less then 20'000 under value because then they make no money.
I bought a foreclose but lived in it yes I had to put some work but in the end that little house made me a wealthy women. I sold it 4 years later and double my money and used that money to start my first business and now I own a chain of stores.
GOOD LUCK!
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