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Buying Forclosure Property In Broward County, Weston, Florida
The Deal on Fixer-Uppers
Rooted in the American dream of homeownership is the notion of transforming your newly purchased home into a better product-your own customized palace. This may be one reason why "Fixer-Uppers" seem to attract and intoxicate many buyers. A fixer-upper may mean a historic home that requires some minor repairs and updates. Or, it could mean a certified dump with no insulation, mildew in the bathrooms, and water problems in the basement. All home buyers (especially inexperienced first-time-buyers) may want to be cautious of fixer-uppers. Indeed, some fixer-uppers can be excellent bargains and wonderful homes, but a careful and thorough investigation of the property and all of the costs, can help you avoid a money pit.
Foreclosures: Let the Buyer Beware
A foreclosure property is a home that has been repossessed by the lender because the owners failed to pay the mortgage. Like fixer-uppers, you may find these are often bargain-priced, but it is wise to be cautious of the legal and monetary risks when considering a foreclosure. Many experts, in fact, advise inexperienced buyers to hire an expert to take them through the process. It is important to have the property thoroughly inspected and to be sure that any liens, ... more

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