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I am thinking to buy a foreclosure in the greater Atlanta area and pay with cash. Which website should I sign up for listings? Realytrac? Any other advice?
If you want to buy a home that is owned by the bank, go to the banks individual website. Most of them have a link that shows their current inventory of homes that they own. Also, HUD lists their REO's (real estate owned) on their website.
If you want to purchase a home that is listed on the MLS, call a local agent and begin looking. Since you are paying cash, the bank will want a copy of a bank statement showing that you have enough funds to close.
Find out when the county you're looking in holds their monthly foreclosures/auction sales at the courthouse. Otherwise, yes, get an agent - they can give you up to date and current information, as sometimes homes can go rather quickly.
Find out when the county you're looking in holds their monthly foreclosures/auction sales at the courthouse.
Hm... monthly.... courthouse....
Your area seems to do these very differently than mine does. Ours are at a variety of locations, mostly title companies, and they are 5 days a week all month long.
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