What are the pros & cons of buying a foreclosed home & what is the best...

Richard

Member
May 19, 2008
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...source to find them in my area? (DC)? I am looking to purchase a foreclosed home in the DC area (DC/MD/NOVA) and am wondering what the benefits and downfalls are. Should I use a Realtor or can I go to banks and ask for a list of foreclosed homes? What are things that I should look for and avoid to make sure I am not being taken? Any and all advice and tips are greatly appreciated.

Thanks!
 
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