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Old 01-20-2009, 05:07 AM
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Default I want to buy a foreclosure home?

I was looking at homes, and i was wounding if you explain this to me at the bottom. (This was listed under the house) This property is a Notice of Default. This is the initial document filed by an attorney or trustee on behalf of the foreclosing lender that starts the foreclosure process. This 1958 square foot property has 3 bedroom(s) and 2 bath(s). The estimated loan balance is $38,615.00.so want does this mean do i just have to pay of the loan to own the house or what?Im only 18, so don't call me stupid, because i only know so much about the house market
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Old 01-21-2009, 02:05 AM
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Default Re: I want to buy a foreclosure home?

you should call the trustee ..One thing I recommend is checking out this site To view links in this forum your post count must be 10 or greater. Your post count is 0 momentarily. because they do this report that will qualify you with up to 40 different banks or something so you can qualify for financing. Its cheap i think its like less than $40 bucks and you pay a monthly fee of like 30 dollars to update the report anytime and make sure you get the best loan! they qualify you based on the application you fill out so it checks out your situation..i got this and it helped me..hope that helps!
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