Commanders Post at The Warpath - View Single Post - Anyone with REO / Foreclosure Experience?

FRPLG · 02-25-2008, 11:56 AM

Know that almost always with foreclosures you are not allowed inside the house before buying it. Leaving you at pretty elevated risk. You need to get a good deal to make it happen. Things like foundation damage, new roofs, flood damage can eat away a $50,000 good deal real fast.

02-25-2008, 11:56 AM	#2
FRPLG MVP Join Date: May 2004 Age: 46 Posts: 10,164	Re: Anyone with REO / Foreclosure Experience? Know that almost always with foreclosures you are not allowed inside the house before buying it. Leaving you at pretty elevated risk. You need to get a good deal to make it happen. Things like foundation damage, new roofs, flood damage can eat away a $50,000 good deal real fast.