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Old 06-02-2010, 04:29 PM
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Default Should we purchase a home located near a

foreclosure? We recently submitted an offer on a condo in a development in NY. A few days later, a property within the development went into foreclosure. Is this enough of a concern that we should we walk away or are we overreacting? We are not in contract, yet.
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Old 06-02-2010, 06:19 PM
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well it would be a good idea to talk to your bank about this and talk to the peopple that are selling it to you that were in a forclosure then decide if you should walk away.
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