Distress Sales and Bank Foreclosures
Approximately 15 to 25% of the homes listed on the Multiple Listing Service for sale are vacant. The seller is paying property taxes, heat, hydro, insurance and mortgage in many cases while maintaining the property. Some of these sellers have been doing this for months . . . they need to sell and quickly.
Properties being sold under Power of Sale
Distress Sales and Bank Foreclosures usually represent a good bargain for the Buyer.
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