http://www.theforeclosurenews.com/2009/07/17/what-is-the-advantage-and-disadvantage-of-buying-a-foreclosure-home/ Foreclosure News and Information Mon, 01 Mar 2010 12:01:55 -0800 http://wordpress.org/?v=2.8.5 hourly 1 http://www.theforeclosurenews.com/2009/07/17/what-is-the-advantage-and-disadvantage-of-buying-a-foreclosure-home/comment-page-1/#comment-1168 kclifer Fri, 17 Jul 2009 23:02:34 +0000 http://www.theforeclosurenews.com/2009/07/17/what-is-the-advantage-and-disadvantage-of-buying-a-foreclosure-home/#comment-1168 Sadly foreclosures are in abundance.I say sadly becuase plenty of people suffer when they lose their homes to forclosure. The biggest disadvantage is they are sold as is. One advantage is there truly are great deals to be had that will put you in equity the minute you close. Sadly foreclosures are in abundance.I say sadly becuase plenty of people suffer when they lose their homes to forclosure.
The biggest disadvantage is they are sold as is.
One advantage is there truly are great deals to be had that will put you in equity the minute you close.

]]> http://www.theforeclosurenews.com/2009/07/17/what-is-the-advantage-and-disadvantage-of-buying-a-foreclosure-home/comment-page-1/#comment-1167 Tom Fri, 17 Jul 2009 17:32:28 +0000 http://www.theforeclosurenews.com/2009/07/17/what-is-the-advantage-and-disadvantage-of-buying-a-foreclosure-home/#comment-1167 It depends where and who you buy the Foreclosure property from. Always close at a title company and write your good faith deposit check out to the tile company as well. You really donot know if you are getting a deal or not until you run a title search and get title insurance. A home may look like it has equity unitl you find a 50,000 tax lien attached to the property. So their are good deals if you know how to find them. It depends where and who you buy the Foreclosure property from. Always close at a title company and write your good faith deposit check out to the tile company as well. You really donot know if you are getting a deal or not until you run a title search and get title insurance. A home may look like it has equity unitl you find a 50,000 tax lien attached to the property. So their are good deals if you know how to find them.

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