My husband and i want to buy a foreclosure home?


Question:
we have pretty bad credit but he has a great job with awesome boss's that will help out the only problem is... we want to buy a home in the same town we live in now, and the main problem is we don't know how we go about doing this please help, there is nothing more we right now but a stable home to someday soon start a family in,

Answer:
A company called michaelson connor and boul handle HUD foreclosure properties in several states. I'm an appraiser for them. Their website is mcbreo.com and it has properties listed by state and city. There are some real deals there , as they need to sell in 90 days.You have to go thru a local Realtor to purchase, but you can find what you want on the website.
I think you can go to the H.U.D. website (Housing and Urban Development)See the attached link.

You can also go to your county' Sheriff's website. Some of the foreclosure homes are listed there (those that are up for auction)
With this sale, you have to have a check with you on site to buy the home (at least in my home county)
You can start looking at http://www.hud.gov

BUT, having bad credit is going to cost you dearly when it comes to getting a mortgage. It may even affect your ability to qualify for one at all.
I know a good real estate agent that can help you out. Please email me with your contact information at mjensen@diversifiedlender.com


http://www.realestateagentlive.com/...
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