Often the answer is speed. Such foreclosed functions try owned by the federal government, who would like to offer them. So they are usually priced well below almost every other functions out of a similar dimensions and you will area.
Sometimes, the home features gone through discipline and you will neglect and might you need even more repairs than other attributes. The lower price constantly produces a good amount of buyers to help you check in order to bid to your possessions to make sure that HUD usually takes the best and greatest render, that is sometimes more the list price of our home!
Have there been Threats?
Yes, there are obviously dangers.
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