Foreclosures Help Information

Posts Tagged ‘Foreclosed Homes’

Free Listing Foreclosed Homes In Michigan

Question: Free foreclosure List! Please!!?

Does anyone know of a web site that list foreclosed homes in Michigan WITH the square footage information and does so with out making you pay any money. All I can find are sites that want me to pay to get the details. Please help.

Answer: this has a list of places with free listings

http://www.ehow.com/how_4563934_house-cheap-real-estate-foreclosures.html

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Cheap Foreclosed Homes

Question: if foreclosed homes are so cheap and hard to get rid of, why dont they lower the price for the original owner?

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Answer: soooo.....are you saying they should keep the money and the house too?

They are beign foreclosed on because they are refusing to repay cash that they borrowed.

Buying Foreclosed Homes

Foreclosed Government Homes

Question: I see this program on tv alot and want to know if anyone has used it to buy government tax foreclosed homes?

John Beck is famous on tv for his pennies on the dollar program. Has anyone ever bought house that cheap before using his program? If so Please enlighten me, and tell me where you get the lists. And what you paid for it, and any other details you can tell me. I find it hard to believe that some one would loose their house for $378.52 just because they didn't pay the taxes. Thanks in advance. Anything personnel cant be sent to my email this is a yahoo address realestatehero
He states in his program that these are actual purchase prices and they are free and clear. And after buying you can sell, keep, rent, ect.
he doesnt state that after you buy you have to pay the taxes, he states that the price you buy is the back tax.

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Answer: This is basically a scam.

Does it sound logical that a person that owns a home that has value will lose that house just because of a few years of back taxes? First of all, if the property has a mortgage there is no-way that the bank will allow this property to be lost due to back taxes. The lender would step-up and pay these taxes.

The only properties that are lost like that is bare land when the owner discovers that the property is basically worthless. No water, no utilities, land locked by other parcels without any legal "right-of-way" to get onto the parcel. I've seen owners try and give these worthless plots away to a charity just for the tax deduction. The charities refuse them because they don't want to be responsible for the taxes either.

Government Foreclosures - Government Owned Homes - Video