Anyone know what the process is to buying a foreclosure in Hawaii ?

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February 04 2011 - Honolulu
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Profile picture for Rustin62
First you must understand what your not going to get when buying a foreclosure. No disclosure statements, no survey, no termite inspection. If your doing an FHA, the lender might even require you to make some repairs on the home before they approve a loan which can be a risk to you as a buyer. Whatever you put into the property as a potential buyer, you cannot remove if you are not approved. With a condo you will have Act 10/39 which deals with past condo fees that have gone unpaid. Make sure your agent knows what it takes to buy a foreclosure before you jump in.
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February 07 2011
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Of course!  There are about 300,000 registered users on Zillow that know the process.
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February 04 2011
 

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QuestionAnyone know what the process is to buying a foreclosure in Hawaii ?
  • Latest answer by Rustin Singleton
  • February 07 2011
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