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

Buyer’s Due Diligence When Purchasing at a Foreclosure Sale

There is a good rule to live by if you are one of the many who monitor foreclosure sales and, when the price is right, bid on property at the foreclosure sale. This rule should be part of your mantra ... read more

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 y... 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 sig... read more

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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 dilige... read more

Competition for REOs Heating up; Due Diligence Key to a Winning Bid

Freddie Mac's HomeStep program, the vehicle through which the company sells its foreclosed property or REO ... the best tip for submitting an accepted offer is to do basic due diligence. A buyer shoul... 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. Hu... read more

Auctions get foreclosure buyers' attention, but short sales lurk

The same big auction will then move on to five other Florida cities in an attempt to unload more than 700 foreclosed properties in less than a week. Florida is on sale, and both auctioneers ... "Do yo... read more

Due Diligence Checklist For Tax Lien Sales

Any small-business owner considering the purchase of a tax lien should follow a due diligence ... The lien buyer agrees to pay any outstanding taxes on the property and is, in most states, first in li... read more

Strategies for Buying a Foreclosure in a Seller's Market

buying a foreclosed home could still be a good move. But if you fail to do your due diligence, you could end up with a money pit. When real estate professionals talk about foreclosures, they are actua... read more

Before You Buy: Conducting Due Diligence on a Property

But before you purchase your home, there's some additional digging to do. The due diligence stage in a real estate transaction is a vital part of the homebuying experience, giving the buyer an ... be ... read more

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