Definitions for Deal-Seeking Buyers: Short Sales, Foreclosures, and REO Homes
HomeLight
AUGUST 31, 2020
One thing to keep in mind, though, is that the seller probably isn’t going to have cash reserves available to fix any issues uncovered in the inspection before closing. In some cases, however, these homes may be fixer-uppers, so always be sure to get a full home inspection, and don’t take any shortcuts in the process.
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