Wednesday, May 18, 2011

Do you need a special real estate agent to find foreclosure ...

I?m 50,000 in debt with student loans, however, I have managed to save about 20,000 with a credit score of 820. I recently signed up for a foreclosure listing site but a lot of the homes were dated or no longer available. I was also pre-approved for a mortgage loan of 300,000. My other question is?.Can I purchase a foreclosed home with the loan I was approved for or do I need ?all cash? to do so?
Also if anyone can refer me to a great agent who deals with foreclosures in California would be awesome?:)

Source: http://www.qualitybsolutions.com/mortgage/do-you-need-a-special-real-estate-agent-to-find-foreclosure-properties/

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