Helpful Mortgage And Real Estate Advice

Tag: distressed properties

Advantages and Disadvantages of Different Foreclosure Purchase Scenarios

By on December 9, 2014 in Home Buying Advice

Today, according to RealtyTrac, the median sales price for a foreclosure property is averaged out to be 36% lower than that of a non-distressed one. The comparison in dollar amount is $127,000 vs $200,000. So, why aren’t people buying them? Distressed properties can be a great bargain for many buyers. However, there are a few […]

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