I found a few houses (very nice ones, btw) that are in pre-foreclosure. The rent is usually btwn 650-1,000 per month (but I assume they mean, we’d be taking over the mortgage, not “renting” which is fine with us.) But, are there any downfalls? Like, will the amount increase annually? Are they super-dirty? Are there any hidden costs? ETC?
Posts Tagged ‘Are’
What Are The Downfalls Of Renting A Pre-foreclosure Home?
Friday, June 26th, 2009What Are The 3 Words That Someone Could Say In Court To Stall A Home Foreclosure?
Friday, June 26th, 2009I saw the article on yahoo.com, but I can’t play the video.
What Are The Steps To A Foreclosure Home?
Thursday, June 25th, 2009I’m Looking into buying a home that is going through forecloseure because i heard that is was cheeper. What are the steps? Is it a hard process? And is it really cheeper in the end?
Are Those Home Foreclosure Companies For Real?
Monday, June 22nd, 2009I’d be willing to buy a home that was foreclosed on. Are those things for real? Can you really just start paying the mortgage on a house without a downpayment?
I am of course expecting dilapidation-not so nice area, etc. But is it possible to become a homeowner this way?