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re: Buying a foreclosed home

Posted on 5/19/12 at 5:48 pm to
Posted by FunkyTiger
New Orleans
Member since Nov 2009
1207 posts
Posted on 5/19/12 at 5:48 pm to
Easiest way is to talk to a realtor. If the house if up for "sale/auction" they'll know where to go. You can get a conventional loan just like any other mortgage. But, just so you know, if the owners just "moved out" it can take up to 2 years for the house to be fully foreclosed. Takes a long time brother.
Posted by KingRanch
The Ranch
Member since Mar 2012
61625 posts
Posted on 5/19/12 at 6:04 pm to
My friend lives across the street and the house has been vacant for about a year. Hopefully a realtor will be able to help me about about finding what needs to happen next. Thanks for the answer

Posted by Burt Reynolds
Monterey, CA
Member since Jul 2008
22443 posts
Posted on 5/20/12 at 11:03 am to
quote:

Easiest way is to talk to a realtor
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