Buying Foreclosed Homes In Ohio
January 22nd, 2008
Buying Foreclosed Homes In Ohio
Question: How much for a foreclosed house?
I live in Ohio and am currently interested in buying a home that is listed as $11,000 because it was a foreclosure. Looking online I found that the average price of the homes in the area is $55,000, but I would prefer to buy a cheaper house and fix anything wrong with it. It's a really great house and looks beautiful, is in a good neighborhood, and just went on the market today, I am the first person to officially look at the house, which will happen tomorrow. I am new to home buying, and the agent told me that there is a ten day bidding period and they evaluate them all on the eleventh day.
Should I offer asking price for this house, higher, or lower? I really want it, and I am worried that someone will offer more and get it.
Also, do you have any tips for dealing with the realtor, and what questions to ask?>
Answer: If it that nice, Ohio or not, I don't expect this house will sell for $11,000.
Grandmother Foreclosed Home Family 85 yrs Tracy Dayton Ohio USA
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