Metairie LA Foreclosure Homes For Sale 2 Homes

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further.

foreclosed homes

You would need to negotiate with the previous owner to have these items removed from the property. One of the risks is that the property may have hidden damages that are not immediately apparent. This could include water damage, structural damage, or other issues that can be expensive to repair. The property may also have outstanding liens or judgments against it. This means that you could be responsible for paying off these debts to clear the title to the property. The previous property owner may also still have utilities connected to the property.

Find an experienced real estate agent

After your offer gets the nod, get the property inspected. A professional will spot potential issues, giving you a clearer picture of what you’re getting into. Foreclosed homes often come “as-is,” so be prepared for surprises. Plenty of resources online can help you find homes in some stage of foreclosure. Platforms like Zillow and Redfin allow you to filter for properties in pre-foreclosure or those already foreclosed.

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