Buying A Foreclosed Dwelling
So you have finally selected buying your dream residence, however have a small price range. There are drawbacks to purchasing foreclosures Some foreclosed homes are diamonds ready to be polished. Contact the agent listed for extra property data, the property status, or instructions for presenting a purchase supply. Some lenders don’t offer mortgages for distressed properties, so you may need to start by identifying those who do. They are owned by a financial institution or a lender who took possession via foreclosure proceedings.
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