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Buying a Foreclosure

So Put yourself in the buyer's shoes for a moment, so you will have to take off your agent's hat and think....if I wanted to buy a foreclosure what 5 essential questions would I want answers to?

Where would I go to find these answers?

How do I know the info is realiable?

Any suggestions out there on this? It will greatly assist me with a new client.....

Posted by Matt Malouf on 04/08/2009 02:42 PM

Comments (3)

Foreclosures in the ActiveRain Channel

foreclosure home buying, reo

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3 Comments on Buying a Foreclosure

APR

Matt,

If you go to www.realtor.org and click on the 'Right Tools Right Now' link, it will answer all your questions. Hope it helps you.

APR

Is this a rhetorical question? It really depends on the buyer, investor vs owner occupant. The basic questions are universal to every buyer.

APR

great question for clarification John...you're on the right track there.....this is an exercise in walking in your clients shoes, looks like noone around knows how to do that....I am trying to gain insight into this issue from other agent's perspectives guess there aren't many, bummer

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