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How would someone go about buying a foreclosure home in Warwick, RI.

Interested in foreclosure homes and need a few questions answer, please.
#1.) Is above
#2.) Can you buy a Pre - Foreclosure home from the lender or do you have to wait for the whole process to be completed?
Will be waiting for a response to this email.
Thank you,
Mike
mike6867@aol.com
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September 23 2013 - Warwick
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Answers (2)

Hi Mike,
 A bank needs to complete the foreclosure process prior to being able to sell it, anything advertised as a pre-foreclosure is basically just letting you know it will come on the market at some point. The only way to get in on a sale before it gets foreclosed on is to catch it as a short sale. Feel free to contact me directly at showingri@gmail.com with any other questions you may have.
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September 23 2013
You can't buy anything from the lender that they don't own and they don't own anything until after the foreclosure auction. Anything with pre infront is not owned by the bank and so they can't sell it.  A pre-foreclosure is often what they call a short sale.

#1 go speak to a lender about getting a loan.

#2 find a Realtor to work with that can show you homes


#1 & #2 are what you do when you are serious about buying. Playing around here is just wasting your time.

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September 23 2013
 
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