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Should You Buy REO?
Written by Gabriella for Island Advantage Realty, LLC
Wouldn't it be great if you could look into a crystal ball and know for certain what was in your future?  Imagine how much easier it would be if you could know for certain what action you could take that would provide you with financial security.  You may not be able to look into a crystal ball to see the future but you can look to the past as a great predictor of what the future may look like.
When we look to the past we see that the real estate market has always had ups and downs.  People who have purchased their homes in down cycles have traditionally gained the most from home ownership.  You don't have to be an economist to reason it out.  The less expensive your home purchase is the more you stand to gain if the house grows in value.  And we know from the past that homes consistently grow in value over time, despite short periods of down turn.
All things considered REO property is a very smart buy at this time.  When you buy REO property you not only get into a low market, you get ... more

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