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All good answers.First you need to know what your resources are – as has been mentioned you are buying the home, ostensibly, "As-Is". Many foreclosures require a lot of work, they have been winterized and the electric and heat are off, so determining exactly what it is that you are buying.

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(4/14/11- This post was recently updated here.). Fannie Mae is perhaps the most difficult seller of foreclosed homes. Fannie Mae and Freddie Mac own more than half of the country’s mortgages. Delinquencies of Fannie Mae homes are rising, so we will likely see more and more of these. Unfortunately, Fannie Mae pops up a lot as a seller of REO (real estate owned) foreclosed.

Many people look to HUD owned homes as a way to get a good deal. But what you don’t know might well cost you much more than you thought! Read on to learn how to be prepared and protect yourself before you make an offer on that HUD home.

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Seems that one of the most popular questions we get is what happens with my reverse mortgage and my home after death. After all, the reverse mortgage is intended to be the last loan that borrowers will ever need, so this is a question many Mature Americans and their heirs have on their minds. If they do get a reverse mortgage and it does enable them to live in their homes without paying a.

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Fair Market Value is determined by the MARKET, not by a seller or a buyer so the fee that seller agrees to pay on the Listing Agreement BEFORE putting the home on.

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The median home value in Holbrook, NY is $ 408,250. This is higher than the county median home value of $ 344,500. The national median home value is $ 185,800. The average price of homes sold in Holbrook, NY is $ 408,250. Approximately 75.23% of Holbrook homes are owned, compared to 21% rented, while 3.77% are vacant.

If I Have A Foreclosure Can I Buy A House "How Long After Foreclosure Can I Buy a House?" It’s one of the most common questions would-be buyers have. The truth of the matter is, there is no easy answer. It all depends on the type of loan you are trying to obtain and the state of your finances. Each type of loan has a
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