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Tips on buying a foreclosed house.
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povertypoint
Posted 4/24/2017 13:04 (#5979998 - in reply to #5979983)
Subject: RE: Tips on buying a foreclosed house.


SE SD
Plan to pay what is owed on the mortgage + what ever fees they tack on.
In our county the present owner has a Six month redemption period.
You pay cash the day of the sale and you will not receive clear title
for six months.
That's how it works here, rules may vary by state.
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