We were looking into new construction but then thought with so many homes going into foreclosure- it would be best to buy one of those. What are the pros and cons dealing with short sales versus foreclosures? We are preapproved for a VA loan so that won’t be an issue.
Please provide the pros and cons. Do’s and don’ts. What to watch out for and ask for in the terms of the agreement.
I am looking into a lease option here in oregon since I do not have the income documentation to secure a home loan and was wondering what the best approach to this was? What’s the best way to find sellers will to carry the contract? What kind of terms are negotiable? pros and cons?
Foreclosure or aution houses are flooding the market. Aren’t they cheaper in general? what are some of the pros and cons of buying these houses verses those that are on the market? How is the transaction differ than other purchases?
What are the advantages of buying foreclosure or auction houses?