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An offer has been put on the table for a foreclosed home - 100% of asking price, and the buyer will pay the closing costs... Seems like a win-win for both buyer and seller; however, no news has been heard (Day 4 right now)... I was told today that banks are hoping for the market to turn around... Insight?
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i really have nothing for the bank to look at. i have no idea how mortgage works or loans. im blind to a lot of what i need to know. how do you get credit? because getting a credit card sounds really horrible to me, and im not sure how well id pay it off. everyone starts sometime right? well i want to sell foreclosed homes because you can get a lot of profit from houses you clean up and sell for more than you bought it for. i like sprucing things up and its the only career path i have at interest right now. help me?
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Good day.. I was recently watching an information for US home auction. They are selling foreclosed homes. Has anyone been to this auction recently and what are the pros and cons involved in purchasing a foreclosed home.
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when banks sell foreclosed homes do they sell them underpriced to sell quicker?
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