sheriff sales: Beginner's Guide to a Foreclosed Home Purchase
- 09/11/18 02:46 PM
Prospective investors and home flippers alike are drawn to foreclosed homes like fireflies to a lamp-post. The discounted prices on these properties are very attractive to speculators looking to make a quick buck, but they are not without risk. Foreclosed homes often suffer from poor maintenance, and the expense of repairing them may cause more headache than they're worth, especially if you intend to do the work yourself. Before making an offer on a foreclosed home, decide if you're willing to go through through a cumbersome purchase process, for a questionable, abeit, aggressively priced home.
How to Buy a Foreclosed Property The process for buying a … (0 comments)
Prospective investors and home flippers alike are drawn to foreclosed homes like fireflies to a lamp-post. The discounted prices on these properties are very attractive to speculators looking to make a quick buck, but they are not without risk. Foreclosed homes often suffer from poor maintenance, and the expense of repairing them may cause more headache than they're worth, especially if you intend to do the work yourself. Before making an offer on a foreclosed home, decide if you're willing to go through through a cumbersome purchase process, for a questionable, abeit, aggressively priced home. 
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