Foreclosed Properties
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Finding Public Auctions To Buy Foreclosed Properties
Buying foreclosed properties is a good way of buying properties at below market value. Finding foreclosed properties may not be an easy thing to do if you don't know where to look. Foreclosed properties are sold in public auctions. Just like any other auction the person with the highest bid gets the property. One way to find public auctions to buy foreclosed properties is the local news paper. You can usually find public auctions in the real esta Read More... -
Evaluating Repairs: A Key to Best Value Purchase of Foreclosed Properties
The trick in buying foreclosed properties is to drive around places where there are listings of foreclosed properties. Never rely on pictures and descriptions of the property. Go out there, check the place out and assess the repairs and clean up needed. In your search for the best foreclosed property, you should look beyond the sad façade of the house. As with most foreclosed properties, the house may look really spooky with vines growing all ove Read More... -
Where to Look for Foreclosed Properties
First time homebuyers who are on a tight budget can benefit a lot from foreclosed properties. Foreclosed properties usually sell at 65% to 85% of its original price. Most of these foreclosed properties are still in good conditions although they may look dismal at first glance. Usually, the problem with these foreclosed properties are just on the paint job, the overgrown garden and the accumulate dust and dirt. Other than that, you can be rest ass Read More...
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