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Good question. I assumed that's how foreclosures work, and why you can get such good prices on them.
by cableshaft 6y ago
Good question. I assumed that's how foreclosures work, and why you can get such good prices on them.
- csomar 6y agoYou get lower than market prices but there are some catches: The foreclosure is a long process because they need to wait for the highest bidder, you need to deposit something like 1/3 of the house price, you need to pay some other fees, etc...