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The Top 6 Mistakes of Foreclosed-Home Buying | US News – While the price you negotiate for a foreclosed home may be significantly less than its value just a few years back, many such homes may require substantial repairs. McGilvray says that anyone buying a foreclosed property should make sure to set aside an additional 10 percent of its price tag for repairs.
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How To Buy A Foreclosed House (And Actually Make Money On It. – Buying foreclosed properties, fixing them up, and selling them looks easy on TV, but in reality, it’s a more complicated process than most people think. Here’s how to buy a foreclosed house and actually make a profit.
How to buy a foreclosed home at an auction in 5 steps. – Buying a foreclosed home can be a great way to invest in real estate, especially since there is substantially less competition than buying listed homes. That being said, there are also more risks involved. It is a good idea to speak to an attorney and research your local laws beforehand.
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