Buying a Foreclosed Home is Hard

You see these signs everywhere:

“Free List of Forclosure Homes, call 24/7″ (yes, misspelled like that)

People want to buy homes cheap, but the reality is, it’s not so simple

Foreclosures aren’t the quick path to riches many imagine. “Some people show up [at the auctions] to observe and see if it’s something that’s easy and a quick way to make money,” she says. “A lot of them find out it takes a lot more work than they think.”

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