Share your bank foreclosure buying stories?
I’m just trying to get an idea of what it will be like to deal with the bank on a foreclosed home.
Also, does anyone know or have worked with Federal Home Loan Mortgage Corporation? Would anyone know how they operate? We are trying to get the bank to replace the roof on our soon to be new home. We just had our home inspection and there are several visible holes (two of them are 6×6 holes) in the roof that can be seen from the attic. Now I would think the bank would have to fix the roof because no other bank would actually lend money on a home with such a bad roof right?
Just trying to get other people’s experiences and opinions with buying foreclosures.