Foreclosure listings are usually lender-owned properties due to a mortgage default. These listings are usually sold as-is, which means the owner makes no representations about the house and will usually pay for no repairs for things discovered during due diligence. These properties are attractive because they are priced below what one would expect to pay, as the lender wants to sell the property quickly. Due diligence is very important to this type of purchase, as the buyer needs to make sure that the purchase price plus any repairs will still leave the property being worth more than the investment.
("Short Sale") Taking back-up offers! Former Homes by Dickerson Parade of Homes Gold Winner! Has great bones, but needs repair & updates. Kit w/42" Upgraded Cabs, SS Appl...
Closing will occur 30-45 days from the time the short sale is approved. This listing has tons of potential but needs some labor and love to make it a home! Home is bei...
Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2022 Triangle MLS, Inc. of North Carolina. Data last updated .
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