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HOW TO BUY A FORECLOSURE

Contact the local listing agent provided on the available foreclosure list.

Local real estate agents are familiar with procedures, lending, and all related services in relationship to lender owned properties.

Lender owned properties are sold "as-is".

The buyer is expected to do an inspection, with a licensed contractor, at the buyers expense. The seller has never lived in the property, and in most cases never personally seen the property.

The buyer will be required to sign an "as-is" addendum, and a terms addendum (see sample documents), which is specific to dates, late fees, related services and conditions.