How to Buy a Foreclosure: Your Go-To Guide to Distressed Properties
HomeLight
AUGUST 31, 2021
This is different than a short sale because a pre-foreclosure seller usually still has equity in the house (meaning the home value is more than their mortgage balance). That’s why a home inspection is so important if you’re able to do one. It’s a riskier investment. Source: (collin williams / Unsplash).
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