Do foreclosures have closing costs?

0 votes
asked Oct 12, 2017 in Real Estate - Renting by T Reed (210 points)
Do foreclosures have closing costs?

When buying a foreclosed home do the foreclosed homes have a closing cost when purchasing the foreclosed home?

1 Answer

0 votes
answered Oct 12, 2017 by Judy (28,640 points)
Yes when buying a house that was foreclosed on you will be required to pay a closing cost and some other associated fees such as liens etc that the previous home buyer had on the house.

7,690 questions

7,987 answers


164,980 users