Can you afford to make such an investment? And is worth the risk?
Fortunately, as a first-time buyer, you are actually in the best of positions when it comes to buying real estate. And right now, distress properties are worth looking into and may be a great way to get a terrific deal on a home. Now there are still a number of things that you should be aware of before you buy your first home such as:
1. What to look out for and how to get the best value for your money?
2. Should you be looking at pre-foreclosures or foreclosures?
3. What are the top misconceptions regarding distress properties?
4. How easily can you get mortgage financing?
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