The Jacksonville Newbie is looking at a house this evening!

[John Sculli]

So this home is a pre-foreclosure, right in Riverside(which is a very hot area of the city of Jacksonville), I found it on Trulia. I know you want to look off the MLS for deals....but is it possible there are good deals on these sites like Zillow and Trulia? Going to look at it today around 5:30. Listed on Trulia at $180k. It is a 4BR/2B home with a property behind it that has 2 units (1BR/1B each). I looked in the area it seemed like each home on the street was over $200k and seemed like a great neighborhood. I don't know what I am even pre-approved for in a conventional loan yet but I filled out the paperwork today and sent it in and I'm sure it will get sent back saying there were a couple things missing. How long is that process usually? I was told by the realtor that this home is in need of updating but nothing major in the sellers disclosure. I would definitely get a home inspection though before moving much further. I just feel like this is a good deal....but really don't know exactly what a good deal is yet. Least I can do is go look and see what its all about.

Thanks for reading.  Any feedback would be greatly appreciated!

John Sculli