NMLS# 189233 407-931-3800 Request a FREE consultation

Pros and Cons of Buying a Foreclosure

orlando house for sale sign

Foreclosure properties can be filled with hidden surprises and problems, putting the buyer at risk of incurring unforeseen costs. However, they are typically cheaper than a standard home listing, which makes them an attractive option for many looking to buy more house than their budget would typically allow.

Is a foreclosure property right for you? Consider the following list of pros and cons to help you decide:

Pros

Cons

Still unsure if buying a foreclosure is right for you? Let us help. With more than 20 years of experience in the Central Florida area, you can trust Butler Mortgage to create a mortgage product that perfectly suits your needs. You can also rest assured that we’ll be here to help you every step of the way, including on closing day. Contact us today at 407-931-3800 or online to request a complimentary consultation.

407-931-3800

Request a FREE consultation

Financial Security from a
Reverse Mortgage
USDA Loans
100% Financing to Qualified Buyers
VA Loan
Buy with zero down. 30-year fixed rates