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Taking Advantage of St Louis & St Charles Foreclosures
Many potential homeowners are starting to look towards both single family homes as well as condo foreclosures in both St Louis as well as St Charles  as a way to get the home of their dreams without spending their life savings. What they may not realize is that the sheer amount of foreclosed properties can be daunting. Some are so completely overwhelmed by the choices that they give up and walk away. 
St Louis/St Charles foreclosures can be great deals, but you'll have a few decisions to make before you even go looking. Because there are so many options, here and throughout the nation, it's important to figure out what type of foreclosed home is best for you. 
Government Foreclosures
Homes with federally sponsored loans, such as HUD homes, are repossessed by government housing agencies. Because these homes offer a lot of opportunities for discount purchases, they move quickly. 
Foreclosure Auctions
One of the most common ways to buy a foreclosure is while it's on the chopping block of a traditional real estate auction. The auction is public, with homes sold to the highest bidder. 
REO Foreclosures
Repossessed by the bank, real estate owned properties have been through ... more

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