Cheap, foreclosed homes are hard to find. Here’s where to look and how to buy one
Posted by The Cobb Group on
Note from The Cobb Group: Foreclosures are harder and harder to come by. The good news is these are easier to purchase than a short sale as the bank acts as the seller making them a standard buyer to seller transaction. Call us to talk about availability as well as pros & cons - 843-338-7256.
Should I buy a foreclosed home?
For the right buyer, getting a foreclosed home can be an amazing deal.
You can likely purchase a foreclosed house at a major discount, fix it up, and then live in it or sell it for a tidy profit.
But new research suggests it’s getting harder to find foreclosure bargains. There just aren’t as many on the market as there used to be.
So, is it worth it to try to find and purchase a foreclosed home?
That…
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