Why Are Foreclosures Such a Bargain?
The biggest benefit to buying a house in foreclosure is the fact that these homes are often sold under market value. Foreclosed homes can sell for up to 30% off market value, depending on the location & type of foreclosure. This could be a great opportunity for investors and individuals to build equity. Investing in the foreclosure market is a strategy that requires a level of sophistication and diligence far beyond what most realize. It has big potential, but it takes great effort and experience.
Thinking about buying a foreclosed home?
Learn more about the foreclosure homes buying process and what to watch out for to make sure you’re getting your money’s worth. If you’re wondering whether you should buy a home in foreclosure or not, read our blog to find the answers to all your foreclosure questions.
