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MVP
Join Date: May 2004
Age: 47
Posts: 10,164
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Re: Anyone with REO / Foreclosure Experience?
Know that almost always with foreclosures you are not allowed inside the house before buying it. Leaving you at pretty elevated risk. You need to get a good deal to make it happen. Things like foundation damage, new roofs, flood damage can eat away a $50,000 good deal real fast.
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