Comments on: Foreclosures vs. New Homes, Things to Consider http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/ New Homes blog with information about new homes and home builders Mon, 06 Feb 2012 03:55:28 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: eleanor@cheap loans http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-59732 eleanor@cheap loans Thu, 16 Sep 2010 14:07:29 +0000 http://www.newhomessection.com/blog/?p=2048#comment-59732 Hi Joel, you've made some interesting points. I was thinking about getting a house that had been foreclosed on but I never gave half of these things any thought. Someone else bought the house and it turned out that there were issues with it that were unknown at the time of sale. You really have to give it a lot of thought before buying a foreclosed home. Hi Joel, you’ve made some interesting points. I was thinking about getting a house that had been foreclosed on but I never gave half of these things any thought. Someone else bought the house and it turned out that there were issues with it that were unknown at the time of sale. You really have to give it a lot of thought before buying a foreclosed home.

]]> By: Gladys@Post Office Locations http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-52496 Gladys@Post Office Locations Thu, 08 Apr 2010 15:50:34 +0000 http://www.newhomessection.com/blog/?p=2048#comment-52496 The repairs are something major to look into. A lot of research is necessary. Imagine walking into what you thought was a deal and them you find out you have to replace the roof. There goes all your money..you know. The repairs are something major to look into. A lot of research is necessary. Imagine walking into what you thought was a deal and them you find out you have to replace the roof. There goes all your money..you know.

]]> By: Zachary Smith http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-17600 Zachary Smith Mon, 01 Jun 2009 14:05:10 +0000 http://www.newhomessection.com/blog/?p=2048#comment-17600 Good post.But i've always wantted to build my own house, but foreclosure is a good investiment. Good post.But i've always wantted to build my own house, but foreclosure is a good investiment.

]]> By: Tony Cartman http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-17208 Tony Cartman Thu, 28 May 2009 16:36:56 +0000 http://www.newhomessection.com/blog/?p=2048#comment-17208 Good explanation... It's good to consider some points when you are ready to buy Good explanation…

It’s good to consider some points when you are ready to buy

]]> By: whitey@compression hosiery http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-16119 whitey@compression hosiery Sun, 17 May 2009 21:35:51 +0000 http://www.newhomessection.com/blog/?p=2048#comment-16119 there are lots of things to consider when looking for a new home, thanks for bringing up these points Joel there are lots of things to consider when looking for a new home, thanks for bringing up these points Joel

]]> By: Mississauga Real Estate http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-9452 Mississauga Real Estate Mon, 02 Mar 2009 01:23:43 +0000 http://www.newhomessection.com/blog/?p=2048#comment-9452 You've made some good points that those thinking about buying foreclosures should think about. At the same time, those considering it really might find some good deals if they do some due diligence. Great stuff that many peole should make sure they think about. A full home inspection is certainly in order, no matter how good the deal is! If there are things wrong, the savings have to be weighed against what the TRUE costs are going to be. Good article! You’ve made some good points that those thinking about buying foreclosures should think about. At the same time, those considering it really might find some good deals if they do some due diligence. Great stuff that many peole should make sure they think about. A full home inspection is certainly in order, no matter how good the deal is! If there are things wrong, the savings have to be weighed against what the TRUE costs are going to be. Good article!

]]> By: Stephen@Dallas, Ga new homes http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-9248 Stephen@Dallas, Ga new homes Fri, 27 Feb 2009 23:03:34 +0000 http://www.newhomessection.com/blog/?p=2048#comment-9248 Another issue to point out is a less-than-desirable walk through before closing; there may be cases were a buyer doesn't get a walk through at all. If the foreclosed home is new construction, there may be punch-out items still to be completed; the buyer would be responsible for these things. Another issue to point out is a less-than-desirable walk through before closing; there may be cases were a buyer doesn’t get a walk through at all. If the foreclosed home is new construction, there may be punch-out items still to be completed; the buyer would be responsible for these things.

]]> By: Buenos Aires Real Estate http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-9198 Buenos Aires Real Estate Thu, 26 Feb 2009 18:20:42 +0000 http://www.newhomessection.com/blog/?p=2048#comment-9198 Thanks for your point Joel, now I got it better. Thanks for your point Joel, now I got it better.

]]> By: Joel Gregory http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-9100 Joel Gregory Tue, 24 Feb 2009 19:09:56 +0000 http://www.newhomessection.com/blog/?p=2048#comment-9100 The comment was meant to explain that if you buy a foreclosure or short sale for $250k in what was a $400k community it is unlikely that the other homes are still worth $400k. The more foreclosures and short sales in the area, the lower the value of the surrounding homes. The comment was meant to explain that if you buy a foreclosure or short sale for $250k in what was a $400k community it is unlikely that the other homes are still worth $400k. The more foreclosures and short sales in the area, the lower the value of the surrounding homes.

]]> By: John http://www.newhomessection.com/blog/foreclosures-vs-new-homes-things-to-consider/2009/02/22/comment-page-1/#comment-9094 John Tue, 24 Feb 2009 13:57:58 +0000 http://www.newhomessection.com/blog/?p=2048#comment-9094 Most of the foreclosures are happening because of all the crazy financing and borrowing. Actually foreclosures are good, because they help to deflate the housing bubble, and the sooner this happens, the better. Most of the foreclosures are happening because of all the crazy financing and borrowing. Actually foreclosures are good, because they help to deflate the housing bubble, and the sooner this happens, the better.

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