Buying a forclosure can be a great investment, but distressed properties can provide many obsticles that a normal real estate transaction does not. Many banks will have diffrent terms and requiremnets that must be followed exactly or you could be at fault of a breach of contract, or your offer may not even be considered. Be sure to work with a professional that is knowledgeable about the forclosure process.
Feel free to contact me with any questions regarding foreclosed homes.
Josh Redlinger
Deeb Realty
(402)213-5871
redlinger3000@yahoo.com