Is there something hidden in Foreclosure Homes?
Question:
Question Details: I see all these good deals online about buying a foreclosure house, do they really sell at a lower price than market, or is there any tricks, or any fees that they don't tell you and you have to pay. Please advice, anyone who has done this. what are the risks?
Answer:
you have to find out why the house is being forclosed is it b/c of taxes? I f yes then you will have to pay the back taxes. Gotta try and find out as many details about the house that you can. Puplic records in the town hall can help you.
Yes there are many hidden fees. But the worst ones are state, county and city BACK taxes.
1) Yes.
2) Yes.
3) You could die.
For more detailed information I strongly suggest to request the FREE DVD "The House of Sand and Fog" starring Academy Award Winner Sir Ben Kingsley.
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