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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. While foreclosure rates since then have fallen ...
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 ...
You can buy a home after foreclosure, but getting a mortgage will be more difficult. In general, you’ll need to wait anywhere from two to seven years after foreclosure before being eligible for ...
The upside of buying a foreclosure is that you might pay a lower price than you would for a home being sold under normal circumstances. But right now, you might struggle to even find a foreclosure ...
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.
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