anon837

When buying a foreclosed home, what are some of the major things to look out for? Obviously you want the skeleton to be strong. What about mold in the drywall and AC ducts? Leaky pipes? Electricsl Wiring? Sewage and cesspools?

Thank you once again.

Thank you for the comment. Can I ask one more? What is the best way to approach financing a home in your years of experience dealing with buyers and realtors? Obviously don't buy more than you can afford. We are looking to get back in to a home after short selling our first albatross. I am looking to stick with 10% down, 15 year mortgage, and 25% of our take home. Is that feasible or would you recommend something else?