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Is a distressed property the right deal for you? - 06/01/10 12:45 PM
With the first-time homebuyer tax credit deadline having come and gone, you may be asking yourself, "What now?" Fortunately, the door is now open to a new wave of savings: distressed properties. For many buyers, the term foreclosure brings up images of run-down homes with no heat and rotting wood. While this is still the case for some homes, it's no longer the standard. In fact, first time buyers are snatching up distressed deals in decent condition for great prices. According to a November 2009 Keller Williams Research Buying Distressed Properties Survey, 40 percent of all buyers for bank-owned foreclosures (REOs)
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Jason Parisella
Beverly,
MA
More about me
Keller Williams Realty
Address: 500 Cummings Center, Suite 1550, Beverly, MA, 01915
Office Phone: (978) 927-6030
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