forclosures2.gif

Lakeland TN News

Lakeland News
Local news for Lakeland, TN continually updated from thousands of sources on the web.

Search Properties

 
Advanced Search
Chris Griffith
First National Realty
6423 Summer Gale Dr.
Memphis, TN, 38134
Office: 901-461-5590, 901-255-2745
Cell: 901-461-5590
Fax: 1-866-278-2875
Lic. #: 295552

New Listings RSS Feed

Get the newest properties the moment we enter them.
RSS
financing for foreclosures | Print |

How do you get financing for a foreclosure?


One reason there are few bidders at foreclosure sales is that it is next to impossible to get financing for such a property. You generally need to show up with cash and lots of it, or a line of credit with your bank upon which you can draw cashier's checks.
AddThis Social Bookmark Button
 
< Prev   Next >

Syndicate this Site

Get the newest real estate Information from our site delivered right to your desktop!

Rent vs. Buy Calculator

Am I better off renting or owning? This calculator will show you the financial differences between the two.
$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
    Your Monthly Payment
$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)

$   This is your rent over the period
$   This is mortgage over the period

REAL calculator

Calculate your mortgage repayments:

Loan amount: $
Down payment: $
Annual interest rate: %
Term of loan: years

Total interest:
$
Monthly payment:
$