Preforeclosure and Bank Owned Properties

Often, the best deals can be found by purchasing distressed properties that are not listed on the MLS. They include more legwork and higher risk than traditional MLS sales but also offer greater potential for getting the property below market value.

If you are selling your home, take note of distressed sales in your neighborhood as they represent your competition. Be realistic when assessing the value of your home and avoid the painful experience of chasing the market down.

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