foreclosures: Foreclosure Buyers: Beware of these things
- 06/09/11 04:14 AM
Many times when I meet with a buyer for the first time, the topic of foreclosures come up. These can be great deals, but you need to beware of hidden repair costs, and the competition involved. I know because I used to list foreclosed homes for banks, and here is some realistic insider information you need to keep in mind. Usually when you find a foreclosure listed, it looks like an amazing deal because it’s priced lower than the others in that neighborhood. Then you start adding up the costs associated with the house being neglected, and even after doing … (3 comments)
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