real estate

7 steps to a great foreclosure buy

Buy at the year- or quarter-end
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"Particularly for a cash buyer, this strategy makes a lot of sense.

"Make your offer at the end of a month, quarter or year," says O'Toole. "Many times, banks will want to get deals closed and off the books.

So, consider making a November or December offer and highlight the fact that you can close by Dec. 31," he says. You can get a lower price simply because it works for the bank's timing.


 

 

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Holden Lewis

Brexit means lock your mortgage rate ASAP

Lock your mortgage rate now because today's rate plunge might not last long. That's today's advice from mortgage brokers and loan officers.  ... Read more

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