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13 Steps to Buying a Bank-Owned Foreclosure

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If the former homeowner defaulted on an FHA loan, the home may become inventory for various HUD programs, including the Good Neighbor Next Door program. You can buy a short sale, or you can buy a bank-owned property — but the foreclosure is just what’s happening in the process.”. Source: faiq daffa / Unsplash).

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Selling a House ‘As Is’ in Minnesota

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Fast facts about selling a house ‘as is’ in Minnesota Median sales price in Minnesota $334,900 Average days on market (DOM) for Minnesota 32 days Disclosures Minnesota law requires sellers to disclose material facts about the property through the Minnesota Seller’s Property Disclosure Statement. Yes Is a real estate attorney required?

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How to Buy a Preforeclosure Successfully: A 13-Step Beginner’s Guide

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A home is in preforeclosure when the owner has stopped making mortgage payments for several months and their loan is delinquent or in default — so the owner is approaching foreclosure. At this stage, official notice of default has been issued and is publicly available. Step 3: Find your house.

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Selling a House ‘As Is’ in North Carolina

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MLS has field to mark a listing “as is”? In North Carolina, there isn’t a specific “as is” checkbox they can use when listing a home on the multiple listing service (MLS), so they have to include it in the Remarks 1 and Remarks 2 fields. No staging. Disclosures. Is a real estate attorney required? Skip repairs.

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Selling a House ‘As Is’ in Massachusetts

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MLS has field to mark a listing “as is”? Staging each room to showcase its potential. Staging the backyard with lawn furniture, a grill, etc. On occasion, conventional lenders may even finance a fixer-upper property sold “ as is ,” and it’s not impossible to finance a fixer-upper with an FHA loan. No staging.

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Selling a House ‘As Is’ in Maryland

HomeLight

MLS has field to mark a listing “as is”? On occasion, conventional lenders may even finance a fixer-upper property sold “ as is ,” and it’s not impossible to finance a fixer-upper with an FHA loan. No staging. Average days on market for Maryland. Disclosures. Is a real estate attorney required? Skip repairs.

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Selling a House ‘As Is’ in Indiana

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Indiana law requires sellers to disclose material facts about the property through the Seller’s Residential Real Estate Sales Disclosure. MLS has field to mark a listing “as is”? On occasion, conventional lenders may even finance a fixer-upper property sold “ as is ,” and it’s not impossible to finance a fixer-upper with an FHA loan.

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