The Basics of Buying a Home in Foreclosure
Posted by Carey Frankel on
Most buyers have dreams of finding that perfect deal –you know, the worst house in the best neighborhood kind of deal. And many buyers find that home through the foreclosure process.
Many homes in the foreclosure process can be bought for substantially less than other comparable homes in the same neighborhood – often as much as 30 percent less.
But as with any other kind of transaction, it pays to be educated before diving into purchasing a Jacksonville property in foreclosure.
The following tips are designed to serve as a starting point when considering the purchase of a foreclosed home:
- Find a qualified real estate agent who has extensive experience dealing with foreclosures. A qualified real estate agent will prove invaluable…
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