Always add a 20% cushion to your repair estimates. Surprises are common in homes that have been sitting vacant. 5. Work with a Specialist
The bank failed to sell the home at auction and now owns it. These are often listed on the MLS like regular homes, making them the most accessible option for most buyers. 2. Get Your Financing in Order (Fast) buying a home out of foreclosure
Navigating bank paperwork and unique state laws is tricky. Find a real estate agent who specializes in . They’ll know which banks are easy to work with and how to craft an offer that actually gets noticed. The Bottom Line Always add a 20% cushion to your repair estimates