Upcoming Foreclosures

I seen some foreclosures selling online for about 30 000 or so, so if you have 30 000 do you just buy it ?

Just wondering if the houses in foreclosure that are bank own really sale for 30 000 if its listed at that or does it go into some sort of bidding or something? Always wondered if you had that amount its listed at if you get it or if there is behind the scene bid wars and such which makes the price climb higher.

Public Comments

1. Usually, the houses go on sale with whatever the last owners had left to pay. You will still have to pay property and sales tax based on the value of the home.
2. I don't know which online sites you mean, but online sites tend to be behind a few weeks. So what you see today was really current 2 weeks ago. You just get an idea from online sites, then you go to the area and go inside thehomes and get a better understanding of what they offer, you have and the price point in the middle.
3. You can get help in here http://www.mortgagewallet.com.