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5 tips to get a good deal on a foreclosure

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Find out how banks negotiate
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For a good deal, find out how banks negotiate © Andy Dean Photography/Shutterstock.com

Find out how banks negotiate

In a market flooded with foreclosures, homebuyers can find steals easily. Or that's what many of them think until they begin searching. Soon, they learn that only savvy buyers get the best deals.

View today's lowest mortgage rates

Understanding how banks negotiate foreclosure deals is a must if you want to buy low in today's market.

Here are five secrets every homebuyer must know when shopping for a foreclosed home.

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