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News Details (Posted: July 8, 2008):
Foreclosure Auction Advice for Homebuyers
Full Description:
Real Estate Auctions - 21 Tips for Home Buyers … by Brandon Cornett
You are probably already aware of the rise in home foreclosures that has occurred in recent months. After all, it has been in the news almost daily for several months now.
But what you may not know is that many of the properties that get foreclosed upon end up being sold at real estate auctions for less than market value. What this means to you, as a home buyer, is that you can often save a lot of money by purchasing a home at auction (instead of buying it through a traditional real estate transaction).
With that in mind, I would like to offer you 21 important points about this topic. There are some of the things you should know before attempting to buy a home at a real estate auction. 21 Things You Should Know