Bloomfield Hills Foreclosures
So you are ready to buy a Bloomfield Hills foreclosure but then you walk into the foreclosure and find out the whole kitchen is gone. The old owner has taken all the kitchen cabinets and taken them with them. You can still buy the Bloomfield Hills foreclosure via a Homepath renovation loan or an FHA 203K loan (if the loan amount is under $297,500). Or you can buy the foreclosure cash.
Those are the only ways you can buy the house. All mortgage companies will not loan on a house with the whole kitchen is gone unless you do a renovation loan. They have enough foreclosures without lending on a home that they feel is bad collateral because the kitchen is gone.
I hope you enjoyed all the tips on foreclosures. Feel free to call me on my cell phone if you want to see any of the foreclosures below or any other home you have found.
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