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Buyers Due Diligence When Purchasing At A Foreclosure Sale - Latest News


Sponsored: Buyer frugality can come at a cost, including endangering a purchase

Q: We are buying ... best home sales include buyer and seller chimney, roof, home, and termite inspections. Full stop. I also know that frugality can be expensive. For instance, your thriftiness cost ... read more

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Here's What You Need To Know Before Buying A House From A Foreclosure Auction

Do your due diligence Gathering all your information is crucial when it comes to buying a foreclosure. In most cases ... with the lender or because the property was sold in a short sale. About an hour ... read more

What are the risks of buying a short sale or foreclosure?

I’ve heard that short sales ... The buyer is usually required to pay this fee. You also may have to pay back taxes or other past dues associated with the property. If you buy a condo-foreclosure, for ... read more

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Strategies for Buying a Foreclosure in a Seller's Market

With a glut of foreclosures and few buyers perusing the market, lenders were willing to sell homes at a substantial discount just to get rid of them. Those days are gone. Buying a foreclosure ... if ... read more


Steps to Buying a Foreclosure Property in NYC

The Process for Selling or Buying a Short Sale Property It’s often said that the ... it’s extremely important to do your due diligence before attending the foreclosure auction. That means conducting a ... read more

Major pitfalls of buying foreclosed properties

Foreclosed properties are those ... of your banks if you inform them of your interest in buying one of them. However, you need to watch out for a few areas of concern. There is a need to do due ... read more

Understanding 10-Day Due Diligence

The first is a traditional sale ... Purchase – In a traditional purchase, the 10-day due diligence period begins on the binding agreement date. That is the day that both buyer and seller have both ... read more

5 Pitfalls to Avoid When Buying a Foreclosure

Home foreclosed? Some people who've lost their homes to the bank are stripping the property bare, hoping to sell the appliances to recoup at least some money. As you might expect, buying ... sale ... read more

Buying a foreclosed home? Court ruling suggests caution

For those of you thinking about buying a foreclosed home ... However, in these foreclosure sales, the sellers represent nothing; make sure that you do your own due diligence. To sum up, be careful. read more

How to Buy a Foreclosed Home

Typically, a foreclosure occurs ... think that kind of informal due diligence can be helpful." Working with a real estate agent experienced in selling distressed property may help you avoid some of ... read more



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