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Sunday, August 28, 2011

How to Buy a Foreclosure Home at Auction

A foreclosed home can offer you a bargain basement price as a homebuyer, but what about the pitfalls that comes along with buying these types of homes? There are risks associated with buying a home in foreclosure and when you buy the home at an auction, the risks tend to increase. Learn what you are getting into before you to take the leap and how to recognize red flags, so you can avoid common mistakes.

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