Tag: Buying A Foreclosure

Posted on 02/07/2021

Photo by Alexander Stein via PixabayIf a home is in foreclosure, you can buy it for less. Great deal, right? It can be, but there are pitfalls, and you need even more caution than in a regular real estate transaction. Stages of Foreclosure Foreclosure can take months or even years depending on the regulations of the specific state,...

Buying A Foreclosure

Foreclosure

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Posted on 01/26/2020

The Hidden Costs of Buying a Foreclosure

Image by Steve Heap from Shutterstock An active housing market has reduced the number of foreclosed homes in inventory, but there will always be foreclosed homes available to purchase. Many buyers are not aware of what to expect when purchasing a foreclosure. Here are some home truths about buying a distressed home. You’re not always getting a deal....

Buying A Foreclosure

Foreclosure

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Posted on 10/27/2019

What to Look for in a Foreclosure Deal

If you want to take advantage of the market and to get a good deal on a foreclosure, apart from having sufficient cash, there are some few things you need to know before you complete the transaction. Before you get started, you should understand what foreclosure means. Succinctly, a foreclosure is a bank-owned property, often known as real...

Homebuyers

Buying A Foreclosure

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