Boston Real Estate FAQs / Foreclosures /
How do I get financing?
Votes: 0
Financing for a shortsale or foreclosure
can be very similar to that for any other property. Depending on the bank or corporation that is involved, there may a few extra hoops to jump through. Some say they require financing through their own institution or one of their choosing. Some want additional pre-approvals from their own banks even if you use another lender. There are ways to avoid this. Here is another area where is pays to have your own agent working for you to walk you through your rights and options.
Others in this Category
- When is a property foreclosed?
- What is a shortsale?
- Can I find them on the MLS?
- Can I get a great deal?
- Are there risks of buying a foreclosure?
- Are there guarantees?
- What are the risks of buying a shortsale?
- If I get to Purchase & Sale Agreement, am I guaranteed to get the property?
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