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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Want to start buying Forclosures Posted by Todd on July 07, 2001 at 11:59 AM In Reply to: Want to start buying Forclosures posted by Elizabeth-North Carolina on July 04, 2001 at 10:38 AM I don't know what state you are in, but in Ohio you can go to a foreclosure sale and put as little as 10% down if you are the successful bidder. You then have 30 days to get financing and close. If I were you, get prequalified by a lender and ask for a letter of credit from that lender. That way, you have proof that you are good for the remaining 90%. Follow Ups: Re: Want to start buying Forclosures Vero Kye 12:27 AM, 10/25/01 (0) Post a Followup: Name : E-Mail : Subject : Comments: : I don't know what state you are in, but in Ohio you can go to a foreclosure sale and put as little as 10% down if you are the successful bidder. You then have 30 days to get financing and close. If I were you, get prequalified by a lender and ask for a letter of credit from that lender. That way, you have proof that you are good for the remaining 90%. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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