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Residential Foreclosures: Can you buy a bargain? Pre-foreclosure or auction, you better do your homework first.
November 7th, 2008 1:13 AM
Often in some NJ urban areas, the short sales and pre-foreclosures are becoming the market.  They may or may not sell significantly below the "market" rate.  That depends on the typical factors that sell houses: location, condition, amenities; external, functional and physical obselescence, etc...  One of these houses in good condition and location, etc... can still sell for fairly close to a conventional for sale property, despite a distressed sale or seller. 

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Posted by Mark Radko on November 7th, 2008 1:13 AMPost a Comment

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