http://www.minnesotafirsthome.com/buyers/first-time-home-buyers-foreclosures-where-its-at/ Everything you need to know, when buying your first home Mon, 06 Feb 2012 11:55:18 +0000 hourly 1 http://wordpress.org/?v=3.3 http://www.minnesotafirsthome.com/buyers/first-time-home-buyers-foreclosures-where-its-at/comment-page-1/#comment-12 Foreclosures? Are They Good for Cottage Grove Minnesota Real Estate? | MN Real Estate Blog Wed, 17 Dec 2008 03:36:03 +0000 http://www.minnesotafirsthome.com/?p=244#comment-12 [...] on Steve Howe’s website; another agent from The MN Real Estate team.  The post was titled, “First Time Home Buyers: Foreclosures’ Where It’s At.”   This blog post spent time talking about some of the past and present changes to the market, [...] [...] on Steve Howe’s website; another agent from The MN Real Estate team.  The post was titled, “First Time Home Buyers: Foreclosures’ Where It’s At.”   This blog post spent time talking about some of the past and present changes to the market, [...]

]]> http://www.minnesotafirsthome.com/buyers/first-time-home-buyers-foreclosures-where-its-at/comment-page-1/#comment-11 Cottage Grove Homes for sale Tue, 16 Dec 2008 17:27:02 +0000 http://www.minnesotafirsthome.com/?p=244#comment-11 Steve, this is a great post! I would also agree that inspections are going to be very critical when dealing with a foreclosed property. Your buyers are going to have to rely on there inspection, therefore I would argue that it is very important that your inspector is a good one! Try to verify a couple of different items with your inspector: 1. find out there history (i.e. are they full time or part time inspector) 2. Ask if they take continuing education classes on a regular basis? 3. Make sure that they are a very throw inspector (most properties will take on average of 2 ½ to 3 hours). If they are complete with there inspection in ½ hour you might want to find a new inspector! Steve, this is a great post! I would also agree that inspections are going to be very critical when dealing with a foreclosed property. Your buyers are going to have to rely on there inspection, therefore I would argue that it is very important that your inspector is a good one! Try to verify a couple of different items with your inspector: 1. find out there history (i.e. are they full time or part time inspector) 2. Ask if they take continuing education classes on a regular basis? 3. Make sure that they are a very throw inspector (most properties will take on average of 2 ½ to 3 hours). If they are complete with there inspection in ½ hour you might want to find a new inspector!

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