![]() ![]() 'We're kind of emphasizing buying foreclosures that are bank-owned, or through the bank, because a lot of the creative financing, easy financing techniques that people used to use to buy pre-foreclosures just aren't there. The answer is yes, they can be, but you'd better understand the various steps and phases of foreclosures before you sink your cash into a foreclosed property. If you're like most savvy investors, the thought of the sinking housing market has raised the question of whether now is the perfect time to buy, and if so, are foreclosures the best option?
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