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Buying foreclosed homes soared in popularity during the Great Recession as a wave of foreclosures hit the market and drove down prices nationwide.
By Brendon DeSimone These are trying times for many homeowners. Walk away from a mortgage? Something that was unthinkable and morally offensive 10 years ago is now an option many people are choosing.
Despite the foreclosure, you can own a home again with patience and strong financial habits. Before you attempt to make the purchase, though, do the following: 1.
These days many banks sell foreclosed homes through real estate agents. To find listings, look on sites that specialize in. 1. Finding one has become easier You don't need to show up at courthouse ...
With foreclosures at record highs, buying a foreclosed home might be a great deal, but the risk of getting a lemon also is greater. Home inspectors don't always catch all the flaws in foreclosed ...
If you ve been thinking about buying a foreclosure property as a smart investment or as a second home for your family, you may be on the right track. However, buying a foreclosed home is a task ...