Dental Guy
Joined: 22 Mar 2008
Posts: 3
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| Posted: Sun Mar 23, 2008 8:55 pm Post subject: Pros & Cons of Buying a Home In Foreclosure |
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I am considering three homes: one is in foreclosure and two or not. The home in foreclosure needs more work than the other two homes combined, even though they are asking nearly the same prices.
The agent feels pretty confident that she can get the price of the home in foreclosure down, but I am leary of buying a home that needs at least 10 things done to it that we can SEE.
My question is: All things equal, what is the advantage or disadvantages of buying home in foreclosure? Do you have more leverage as a potential buyer? |
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