I see many foreclosures and short sale properties listed on the market, is that a good way to go?

By: 
Kathleen C. Aiken

There are some good deals out there in respect to foreclosures and short sales, however keep in mind if the property needs repairs. Some repairs need to be made prior to the purchase, for example missing plumbing or roof issues. The process of purchasing this type of property can be longer and often more complicated, therefore, you want to make sure you have a realtor selected that is knowledgeable in this area.

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