Distressed Homes, Foreclosures, Short Sales, HUD & Bank Owned Homes

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These are homes that are in trouble, or the bank/government just foreclosed on and are now marketing to buyers, usually at a discounted rate.  If you are looking for a quick close then short-sales that are not pre-approved would not be in your best interest.  The condition of some of these homes is sometimes not the best so buyer beware, they also might require you to purchase with waiving some of your rights that you would have on a “normal” sale.