sales: 5 Ways to Find Deals on Foreclosed Homes
- 07/08/08 02:17 PM
It's harsh but true: You can benefit from others' misfortune. The rise in foreclosures means that those in the market to buy a home can find great deals on houses that have been reclaimed by lenders. They are often sold for prices well under their market value because their owners are eager to unload them. The cheap prices do come with potential downsides: Some homes have liens against them or mortgages associated with them, which can be inherited by their new owners. It can also be hard or impossible to inspect such homes in advance of their sale, which means there's … (5 comments)
sales: SPRING MAINTENANCE TIPS:
- 06/05/08 02:01 PM
Outside the House - Up High Inspect the roof for damaged, loose or blistered shingles. Have damaged shingles replaced if they're on less than 20% of the roof. Reroof if damaged shingles cover more than 20% of the roof. Examine flashing around chimneys, vents, and roof edges. Remove debris from gutters and downspouts and patch any holes. Make sure the downspouts direct water at least five feet away from your foundation. Examine fascia or soffit boards. Replace if they are soft or rotting because they may allow rain into your attic. Trim branches and shrubs that are touching your home which … (3 comments)
It's harsh but true: You can benefit from others' misfortune. The rise in foreclosures means that those in the market to buy a home can find great deals on houses that have been reclaimed by lenders. They are often sold for prices well under their market value because their owners are eager to unload them.
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