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Deals

Buyers Say Foreclosure Deals Taking Too Long

Banks are quickly accepting bids and writing contracts for foreclosed homes, but buyers are complaining that settlements are taking too long. Real estate pros say purchasing a bank-owned property is different than dealing with a regular home owner, considering that banks have to check claims on the property and problems can arise at closing. Plus, […]

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Tread Carefully When Making a Low-Ball Offer

These days, it’s easier to make a low-ball offer than it used to be, but still it’s important to be smart. Here are some things that a real estate practitioner and would-be buyer should consider when contemplating such an offer: ● Use foreclosures as comps carefully. Look realistically at the prices foreclosures in the neighborhood […]

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Where Buyers are Picking Up Housing Bargains

Smart investors in all parts of the country are picking up fabulous housing bargains. Bill Leon, president of Florida’s Broward (County) Real Estate Investors Association, has been buying and selling investment property for years, but he thinks today’s deals are unprecedented. “People are afraid not to sell because they don’t know where the bottom of […]

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