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 [...]