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!
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Patrick
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In Partnership with Dailyprosper.com​



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