How would you like to knock tens of thousands of dollars off the price when you buy a home? You can do just that if you buy a foreclosed property.
Last year, across the country, houses that had been through foreclosure sold for an average of 28 percent less than other houses. But there are perils and pitfalls you need to know about.
Click HERE for more advice on buying foreclosed homes.
Click HERE for a list of the 10 states with the deepest discounts on foreclosed homes.
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