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How to Buy Foreclosed and Bank-Owned Homes | Redfin – A foreclosure is a bank-owned home. Foreclosures are also called real estate- owned (REO) homes. Learn how to buy a foreclosure below. New listings updated.
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How To Buy Foreclosure Homes | FortuneBuilders – How Do You Buy A Foreclosure? The process of buying a foreclosure is completely dependent on where the property is in the foreclosure process. Therefore, learning how to buy foreclosure homes will require an intimate knowledge of the types of foreclosure that exist.
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Foreclosed Homes: 5 Tips for Buying | Bankrate.com – 5 steps to buying a foreclosed home Find an agent specializing in foreclosures. Get preapproved for a mortgage. Know how long it takes to sell a home in your price bracket. Study the sale prices of comparable homes in your area. Remember, the home is sold as-is.
How to Buy a Foreclosed Home | US News – As home prices soar in many cities, buyers might look to foreclosures as an affordable option for landing their dream home. Typically, a foreclosure occurs when a homeowner no longer can make the mortgage payments and the lender seizes the property.
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