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Webmaster Advertising · 01-15-2013, 10:30 AM

We're looking to get a 2nd property and some of the foreclosures in our area are going really cheap.

Just curious how the 'actual' costs for these types of properties marry up to the listed prices and how different (if at all) the closing process is on a foreclosure than a regular home buying experience?

We can actually pick up a property, in a decent enough area to where we are at now for about $50k according to the foreclosure listings, but it seems to good to be true.

Anyone on GFY have experience in foreclosures / REO property purchasing?

01-15-2013, 10:30 AM
Webmaster Advertising So Fucking Banned Join Date: Sep 2003 Posts: 1,360	Anyone Purchased A Foreclosure? We're looking to get a 2nd property and some of the foreclosures in our area are going really cheap. Just curious how the 'actual' costs for these types of properties marry up to the listed prices and how different (if at all) the closing process is on a foreclosure than a regular home buying experience? We can actually pick up a property, in a decent enough area to where we are at now for about $50k according to the foreclosure listings, but it seems to good to be true. Anyone on GFY have experience in foreclosures / REO property purchasing?