Pre-Forclosure Update

My realtor told me that on the house we put the offer in on, the potential buyers did get into a bidding war and the offers were driven up beyond our maximum target price.  I find it disgusting how some of these mortgage companies have a practice of offering bad loans …

Pre-Forclosure Problems

It turns out there are a few other offers on this home and the home has not yet been foreclosed on.  The owner has a primary and secondary lender for the mortgage.  The primary lender is demanding bank account information from the owner so they can determine if the owner …

We found a home

We found a home that meets many of our requirements.  It is exciting, we have been looking for some time without any luck.  This particular home is a pre-foreclosure – it is in good condition structurally, but the previous owners evidently left in a hurry so it will need some …

Lenders

In my opinion this is where buying a home gets frustrating.  I recieved the following valuable reminder from a friend which helps me to keep things in focus while looking for a home.  When you are the buyer, no one works for you.  Everyone is working for the seller, trying …

Working With a Realtor

Here is a bit of history on our experience in working with Realtors.  We began by talking to a few different realtors, and over a period of time we ended up going with a realtor that seemed to fit our personality type and seemed to have our best interests in …

I’m Buying a Home

In this blog I am going to document the experiences I have and the problems and solutions I come across as I become a home owner.  It is easy to find people who will tell you the benefits of home ownership, and there certainly are things you can do as …