In these challenging times, many home owners are foreclosing their homes to pay off the amount they owe to banks. The lender, in this case, the bank sells the home to recover the cost. These homes are available at a 30%-50% cheaper rate. The reason for such low selling price is that foreclosed homes need to be maintained and this is something banks absolutely detest. There are many advantages of buying a foreclosed home. Here they are discussed for you – Savings – Banks are not into ...


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