Hey Isaac,


The most compelling motivation that potential homebuyers take a chance with these properties is because of their reduced prices. These discounted costs are typically less than their comparable counterparts. Additionally, these properties can accompany extra reduced funds like a discounted down payment, decreased interest rates, and lower closing costs. Keep in mind that some home buyers like these properties since it exploits the way that the sellers are facing a financial struggle. For instance, in the event that a house is in pre-foreclosure, the lenders are frantic to get the home off the market. Rather than the sellers having the upper-hand during arrangements and negotiations, they will probably have less leverage because of their desperation to get rid of the property.

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Sincerely,

Christine


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