Reasons Why Buying a Foreclosure Is a Good Investment

Reasons Buying Foreclosure Good Investment - Politics, Business, Civil, History - Posted: 16th Apr, 2011 - 3:04pm

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Post Date: 13th Apr, 2011 - 8:30pm / Post ID: #

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Reasons Why Buying a Foreclosure Is a Good Investment

Reasons Why Buying a Foreclosure Is a Good Investment
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Foreclosures are the perfect investment choice for investors because they are sold at discounted prices. You are getting a property with built-in equity. Foreclosures can be purchased at foreclosure auctions or by purchasing REO's (bank-owned real estate). Short sales are preforeclosures and have not gone through the foreclosure process. They are still owned by their current owners who are in default or about to default.
Source: Real-Estate:Foreclosures

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16th Apr, 2011 - 3:04pm / Post ID: #
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Investment Good Is Foreclosure Buying Reasons

Yes, is the perfect choice because you're getting a house in an awesome condition for pennies! (well, not literally) but if you go to Detroit you will see how cheap the houses are over there. Ridiculously cheap.


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