Check out the helpful links below for more info about buying foreclosures!
Trulia Guides to Buying a Foreclosure
9 Tips for Buying a Foreclosure from This Old House
HUD Homes for Sale KK German can help you prepare your bid for a HUD home. HUD homes, available on the MLS, with additional reports at the HUD website, such as property condition reports. With her HUD key, KK can get you into any HUD home in Hampton Roads (the Seven Cities). Wainwright Real Estate is a registered broker with HUD to assist a buyer in purchasing a HUD home.
Most REO, or bank-owned properties, require SOME fix up, and not many of these properties will qualify for FHA or VA financing. Many will qualify for only cash or
rehab financing. There IS help out there, though! Check out these informative links about buying and financing a foreclosure house:
Financing a fixer upper with HUD’s 203k (FHA) loan
The HOME program through NRHA (Norfolk Redevelopment Housing Authority) ~ YOU MIGHT QUALIFY!
VA Redevelopment Authority Site – Choosing the Right Loan
VHDA Downpayment Assistance Program
How to Save Money on Your Mortgage, A MUST READ on for anybody with a Mortgage, with tips on saving 33% or more on the total interest you will pay over the course of 30 years.
Help is finally here with VA rehab financing! VA buyers can buy fixers now, too.
Email me at kkgerman@gmail.com today for a free, no obligation consultation. We will discuss your goals within the context of buying a foreclosure and how that fits into current market conditions here in Hampton Roads.