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Follow on Google News | Free List Of Foreclosures - Pay Attention To Facilities And Recreational AreasForeclosure is one of the best bargains any home-buyer can experience. But a foreclosed home could be a gold mine or a money pit.
By: HomeForeclosureListings Aurora Lillo Editor of the "Best Free Foreclosure Listings" website -- http://www.BestFreeForeclosureListings.com -- pointed out; “…When you are looking a foreclosed home, you are essentially looking at the same things that every home-buyer looks at. The most important feature that a home can offer is location. If you have a home that is located on the outskirts of a small town, you might not be able to secure a sale right away. However, if you have a home that is in the heart of a city or has great access to many of the fine dining restaurants of the city, then you might have a great investment on your hands…” Pay close attention to how the home is located in the city. Does your city have a great area of town that people flock to for seafood? How close is the home to that part of town? Maybe the city has a big financial district that half of the population works for. How long would it take to get there? Many people use foreclosed homes as the houses that they are going to live in, but foreclosed homes can be a great piece of additional income. Buying a foreclosed home in a not so great part of town could be the answer to a renter’s needs. Offering a home at a great rental price could be exactly what a college student or a single mom is looking for. “…Taking the recreational areas and facilities around the city into account is essential to buying a foreclosed home and making it livable to a wide variety of people. Choose home wisely. If you don’t think that you can flip the home or rent it to great people based on it’s location, then you shouldn’t buy it. Always take everything from the home’s condition to its location into account when making such a big decision with your money. You can find free foreclosure listings in your local records office or through your local paper. Newspapers are updated every day to give consumers the best variety of homes in default…” added A. Lillo. Further information and resources to get free home foreclosure listings by visiting http://www.BestFreeForeclosureListings.com End
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