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5 Things You Should Do Before Buying a Foreclosed Property

Find a Qualified Agent

When entering the world of foreclosed properties, it can be helpful to have someone along who knows the ropes. Real estate agents experienced with foreclosures can help you determine whether or not you're getting a good deal, and they'll be familiar with the kind of paperwork that goes along with buying a bank-owned home. Plus, once your chosen agent knows what you're looking for, she'll be able to direct you to more of the kind of properties you want to look at, instead of perusing countless ill-fitting homes on your own.