Tuesday, January 25, 2011

What risks are associated with buying a foreclosure?


"one thing to keep in mind is that you are the buyer not the Realtor and are not expected to know everything. Your agent who works at this full time doesn’t have all of the answers either but finding one who is knowledgeable that you can trust is one of the first things you should do before buying a foreclosure.

The most common concerns are, will the property continue to lose value after I buy it? It could just like any other home you buy. It all depends on the market. The thing to...."

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