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truth about buying short sale or repossessed properties: The Truth About Buying Properties Short Sale or Repossessed in Central Indiana
- 03/15/07 07:37 AM
Are you thinking about purchasing a home? Did you hear that buying a repossessed home might save you money? Would you like to know the TRUTH about properties offered for short sale or that are banked owned?
First truth, is the buyer needs to be aware that most of these properties are going to be bought "AS-IS." In other words, the homeowner that is selling their home on a short sale is not going to have the monies available to fix something that might be wrong with the property. (A short sale is the process before a foreclosure happens to the property.)
If the property is "bank-owned" or … (4 comments)
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