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Updated about 16 years ago on . Most recent reply

User Stats

234
Posts
53
Votes
Kel S
  • Real Estate Investor
  • Toledo, OH
53
Votes |
234
Posts

Purchasing Foreclosure - Almost there!

Kel S
  • Real Estate Investor
  • Toledo, OH
Posted

Whew...it's been a journey with a few bumps in the road here and there but I'm happy to report that we will be closing on our first investment (foreclosure) house this week. I can't tell you how happy I am to see this day coming.

It feels like it's taken forever but when I look back we put in our offer on Oct, 8th. So in reality it hasn't been all that long I guess. Less than 2 months. What is the adverage time frame from offer to closing that you all have experienced?

I can't wait to sign the papers, get the keys in my hand and go over and wash/paint the walls, do the minor repairs like add a railing to the basement, etc.,

If anyone else going through the process of buying a foreclosed home, hang in there. There is light at the end of the tunnel.

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