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10-06-2010, 01:31 PM
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Get a realtor who is experienced in this area to guide you. With these properties what you see is what you get. You can do a home inspection but if issues are found there is no one to negotiate repairs with because the bank will not pay anything to have things fixed. Be very careful with the contracts, some banks charge up to 100 dollars a day if the closing is held up because of you. you can get good deals just make sure you have someone to protect You.
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