Money Saving Deal

i am considering buying a foreclosed home?

Ben asked:


I am a young person just about to finish up college. I am looking to move out of the apartment that me and my girlfriends rent together and move into a repossessed house. How do i get a good deal? Also i am looking in the san diego area. Are there any free websites, and how much money should i have saved up. I do have a good amount of money and i am a very responsible saver. If anyone has experience with this, any knowledge would be great. Also is this a bad time to buy?

Rowena
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2 Responses

  1. satarnag01 Says:

    I help people buy and sell foreclosures in the San Diego area. Your best deals come from pre-foreclosures. However, if you do not qualify for a loan, then look into assumable loans and seller financing.

    Also, if you plan on owning the home for more than 3 years, then it’s ok to buy. If not, then continue renting.

    Good Luck

  2. Mrs HarleyBrat Says:

    call a local realtor - do NOT get your loan online (go see someone face to face and local) it’s FREE