replying to Duff2, caroline wrote:
Hi,
Here are few things to keep in mind while buying a foreclosed property:-

1. Get an approval from a lender who has verified your income and assets.
2. Do some research on foreclosed properties and recent trends with a property
value in that area.
3. Do investigation by self and make your offer on agreeable outcomes
4. Determine potential repairs and their costs
5. Remember that you have the high ground in arrangements with respect to the
bank paying closing expenses and making repairs.
Thanks!!

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