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Unread 10-04-2009, 11:21 PM
TracyL TracyL is offline
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Are you looking to purchase your 1st home or just upgrade your current home? Interest rates and home prices are at an all time low. There is a great amount of inventory on the market. It is a buyers market.

The foreclosure market can be a place to pick up a great deal.

When considering purchasing a foreclosed property, do your homework. Contact with the local municipality and talk with the tax assessor. They might be able to give you some insist on the property. Hire a real estate appraiser so you can determine the market value of the property. Obtain financing prior to negotiating a deal.

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