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Without upfront cash try HUD's REO's.

Posted by Ward-CA- on March 15, 2002 at 8:23 AM

In Reply to: General info Please posted by Seth on March 15, 2002 at 5:40 AM

I have recently been pre-approved for an FHA insured mortgage. Am I now able to bid on and purchase foreclosures, reo's, etc. ? If so, how?
Thank You.

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You can't buy at the foreclosure auctions where all cash is required up-front. But you could attend and bid on recycled HUD foreclosures that didn't sell to an outside bidder at the original foreclosure auction held by the lender.



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