What types of documents should people bring with them when they consult with an attorney?
Buyers intent on good deals are headed to Missouri next week for foreclosure auctions in St. Louis, Kansas City and Springfield. According to a recent MarketWatch story, these deals are meant to be steals. “Now is really the best time to buy a home and people waiting on the sidelines for the market to bottom out will probably miss out on deals,” said Dave Webb, Principal, Hudson & Marshall. “Because of the oversupply of foreclosed homes banks are holding, lenders are eager to unload these properties at discounted prices,” added Webb. (Read more at MarketWatch.com) But look out. The process isn’t as easy as just buying the home. And you could pay more than you anticipate after the auction. Attorney Lee Viorell explains what you should know before bidding on a foreclosed home in this Law in Your Life podcast with Angela Wilson.