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The housing market may still be struggling to gain solid footing.
But low interest rates and significantly.
Discounted prices make it a great time to purchase a home in most regions.
The average savings right now -- -- foreclosed homes about 27% vs the non distressed properties now in some markets you could say forty if not upwards of 50%.
Financial expert -- Gibbons says this get the auctions your first that should be a web site -- zillow.
You don't have to -- the courthouse you don't have to look -- legal filings he does -- have to find out.
The good it was at that actually lists these properties and scan and search.
Working -- the real estate agent will save you time and aggravation.
They're gonna help -- with the contractors with the inspections and sort of walking through the entire process which is a particularly good way to go particularly if -- working in a lot of people jumping this game our first timers.
Many foreclosed homes have been sitting vacant for long periods of time budget for plenty of repairs and renovations.
With -- after the bank it's going to get to the U.
He really have to budget for these renovations and -- repairs accordingly because it could be significant.
When it comes time to -- given says banks won't budge much on foreclosed properties.
You won't have a lot of with a -- terms -- price to thank wants to sell as is -- their price but you may be able to negotiate a little bit.
Based on a couple of different factors.
Also consider the condition of the property the surrounding neighborhood and get your financing preapproved.
Before you make a bit.
In New York Brenda Buttner Fox News.
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