Hey ,

I hope you've had an awesome week!

Owning a home is a big part of what many consider to be the American dream. I get questions all the time from people asking for the best way to buy a house.

While there is no one size fits all 'best' way, an option that many look into is buying a property that has been foreclosed. Foreclosures are a great way to get into a new house fast and often at a steep discount. They are owned by a bank or lending institution and are usually empty so there's no waiting on the previous owners to move out.

While it can feel like taking advantage of others' misfortune, buying a foreclosed property can be a win win situation. There can be some pitfalls you want to avoid, though.

Go here to read our latest article that discusses the pros and cons of buying foreclosures.

Take care and let us know what you think!

Mika




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