Distressed properties are where to go if you are looking to invest or do a "flip." Probably the biggest reason to purchase a property in foreclosure or a short sale is the allure of getting a 'deal.' Discounts often can range from 20 to 30 percent off on a short sale or foreclosure compared to a sales price of a nondistressed home. But despite the big bargains, buyers really need to take certain things into consideration before make that move. Consider some of the following tips when searching for that next great 'deal.'
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