You can use this website to find available HUD (FHA foreclosed) properties:
http://www.hudhomestore.com
Be sure to check out the Property Condition (i.e.,short form inspection) Report (PCR) and if the property is IE (Insured with Escrows) or not. If IE, then FHA financing can be used, but you must have the repairs financed into the FHA loan. If the status is UI (Un Insured), then FHA financing can't be used.
If you find a property here and have any questions or wish to make an offer, let me know. I am a registered Exclusive Buyer Broker for all HUD foreclosures in Georgia.
Let me explain the process of buying a foreclosure and answer your questions.
References to products and services are not a specific endorsement, but the user must perform their due diligence and investigate whether the product or service is right for them. I welcome any or all comments that would help others.
No comments:
Post a Comment