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There are several things to be aware of when purchasing a foreclosed home from the lender. You need to be prepared as the process is quite different than purchasing from an individual. •1. There will be no sellers disclosure. Most of the time, the bank/lender has never even seen the home. The...
We are fortunate in the Branson/Tri-Lakes area in that we haven't experienced the same conditions in our real estate market as in many parts of the United States. In fact, the average selling price of single family homes has continued to increase through 2008. However, there are bank-owned,...