I'm considering the purchase of some property, and I'm seeing several foreclosure listings in my price range. However, getting the details online requires purchasing a subscription to RealtyTrac -- which concerns me a bit as some of the listings are showing as over 1 year old, and showing as "off the market" on other real estate web sites.
The area where I'm looking is 2-3 hours away from where I currently live so I'm doing my best to get some info ahead of time.
I am aware that a foreclosed property may have some significant issues. I'm considering this because I have a strong network of folks who have a wide range of skllls, and many are willing to assist me in rehabilitating the property in exchange for occasional lodging once the place is rehabbed.
Any additional words of wisdom with regards to buying a foreclosed property would be appreciated, if anyone cares to share. :asian:
The area where I'm looking is 2-3 hours away from where I currently live so I'm doing my best to get some info ahead of time.
I am aware that a foreclosed property may have some significant issues. I'm considering this because I have a strong network of folks who have a wide range of skllls, and many are willing to assist me in rehabilitating the property in exchange for occasional lodging once the place is rehabbed.
Any additional words of wisdom with regards to buying a foreclosed property would be appreciated, if anyone cares to share. :asian: