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Whether you are shopping for a home as your primary residence or an investment property, purchasing a foreclosed home is an almost guaranteed way to save money. Most listings are priced at $15,000 or more below value.
CurrentForeclosures.com scans the public for sale records to find the properties where the seller has reduced the price by 10% or more. When a seller is rapidly reducing the price, they are more likely to accept a lower offer.