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5 Secrets to Finding and Buying Short Sale Homes

By SRSTech,  Newser User

Posted Jul 13, 2010 12:51 PM CDT
Story not vetted by Newser

(User Submitted) – How to Find a REO or Short Sale Property in San Diego that is Worth Buying What You Have to Know Before You Make an Offer on a Bank Owned Home QualityFirst Real Estate, one of the leading sellers of REO and short sale homes in San Diego, revealed their top secrets of finding a bank owned home in the San Diego area. "You have to be very careful if you are looking to purchase a bank owned home - especially if you are planning on living in it," says Bill de Ridder, President of QualityFirst Real Estate. "If you are planning on living in the home, don't get seduced by the great price - make sure the area is somewhere you and your family actually want to live." Read the full article.

FILE - In this March 11, 2009 file photo, a sign advertising a foreclosed property for sale in Stockton, Calif., is seen. The number of U.S. households facing foreclosure in January increased 15 percent from the same month last year, and a surge in cash-strapped homeowners who've fallen behind...
FILE - In this March 11, 2009 file photo, a sign advertising a foreclosed property for sale in Stockton, Calif., is seen. The number of U.S. households facing foreclosure in January increased 15 percent...   (AP Photo/Marcio Jose Sanchez, file)
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