Lora Howard New River Valley Real Estate
Your Agent serving Montgomery, Pulaski, Floyd & Giles Counties
Lora Howard

Foreclosures


The threat of foreclosure is an emotional and trying time for anyone.  If you find the bank breathing down your neck for a payment you know you can't make...

Call Me!  Let's explore your options of selling, BEFORE you lose your home.

 

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*The New River Valley Real Estate market includes homes in Montgomery County, Christiansburg, Blacksburg, Radford, Floyd, Pulaski, and all points and properties in between.

 

HUD Foreclosures can be a great way to get a great deal on a home. 

Basic HUD Foreclosure Homebuying Information:

 

  • You have to qualify for a mortgage through traditional means, please contact your favorite lender.
  • HUD requires a downpayment of either $500 or $1000 dollars
  • The first time a HUD property goes on the market it is open only to Owner Occupied buyers for a period of 10 days, at the end of the 10 days, if the property is not sold in the initial period, then Investors can bid.
  • Only a registered HUD Agents/Firms can submit bids on a HUD House

 

 Contact me for more information as HUD's inventory changes daily.

(540) 449-3080

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