real estate bids

What is the best way to buy a house? foreclosure / auction or through a realtor?

my mom wants buy a house, I found some that were in foreclosure, but said he would have to make an offer on the house and wins the highest bidder, we can not afford we have a limit, so this is a real estate agent be better? I need some advice.

There are many great ways to buy a house. Buy at Auction could work for you, no matter how much money you have. But be prepared. You will need cash or a credit line to buy a auction. You absolutely do not need a realtor to buy a house, but will save you time, money and trouble. Judging form your question, I will assume you do not have much experience in real estate or buying a home. This means that a real estate agent would probably do much good. Execution properties a mortgage can have many problems and can not be a great option for your mom, unless you are willing to do some work at home. Realtors to see 100 households each month and are much better at detecting a good / bad deal to the average consumer. His experience and knowledge can make the difference between a bad experience purchase or good. On the other hand, might get lucky and find the perfect home, no problems, on their own. This could save thousands of dollars in commissions. Here are some things you need to know when buying a house, with or without a real estate agent: 1. Always get a thorough home inspection 2. Always get insurance Title 3. Do not buy a fixer upper "(in today's market), unless you can do the work yourself. 4. Do not be pressured to buy something that is not satisfied. 5. Always plan to spend more for improvements and repairs. 6. Always in search of hidden agenda / unknown problems. 7. Never spend the maximum amount that can be approved. 8. Do not be afraid to walk. There is always another home that you like better. 9. Make every effort to improve your credit in the search for a home. Never make any Result thing for his downfall, as it may affect your ability to purchase housing. 10. Do not expect your purchase to automatically increase its value. 11. When calculating your payment, do not forget taxes, insurance, PMI, and maintenance of the association (where applicable). 12. Your home will always need maintenance and repairs. Account for this in its budget monthly. Good luck finding a new home for your mom and if you decide to go with a realtor, finding a real estate agent with many years of trust experience. You will spend much time with them and entrusting them with the biggest purchase of your life. Meet with several people, so you can feel comfortable with your decision when moving forward.

Real Estate Tips: Buying & Selling : How to Make a Bid on a Home For Sale

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