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By Dan Johnson

6 Steps to Purchasing a Foreclosed Property

The 6 steps to purchasing a foreclosed property can be found here. Check them out right here before buying foreclosure!

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Foreclosures are designed for lenders to recover any amount that they own on a defaulted loan by selling it. When buying foreclosures, you have to be aware that the process might be different in every state. However, there are 6 steps that you can take to buy foreclosures. 1. Do Your Research You can go directly to the lender or an auction to buy a...
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