Tips for Buying a Foreclosed Home

July 5, 2013

in Home Buying Guide, Home Foreclosures | Tagged , , , , , ,

Homebuyers in the market for a deal on their dream home needs two things: lots of patience and the stomach to do battle with investors. Any home that is in a decent area and priced right is facing keen competition in today’s market. Homebuyers in the market for a foreclosure need those qualities tenfold. Buying [...]

How to Bid on a Repossessed Home

April 6, 2012

in Home Buying Guide, Home Foreclosures | Tagged , , , , , ,

With the downturn in the economy, many homes have been repossessed or are known as distressed properties. Bidding on a repossessed home can be a great value and save a prospective buyer anywhere from 10 to 70 percent because banks or government agencies are eager to unload the properties. However, when bidding on a repossessed [...]