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    Buying properties at foreclosure sales is probably one of the more popular methods known by real estate investors. The foreclosure auction occurs after a homeowner has defaulted on their loan and the bank has taken legal action to take possession of the property. The foreclosure auction is publicly announced usually in the legal section of your newspaper. Foreclosure sales can occur in as little as 3 weeks and as long as four months. State laws vary; therefore the process will be different from state to state.

    Buying at the auction is definitely not for new investors with limited funds because at foreclosure sales, you'll be expected to come up with a minimum of 20% down and the remainder due within 24 hours. Therefore, if you plan to buy at the forec

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    homeowner has defaulted on their loan and the bank has taken legal action to take possession of the property. The foreclosure auction is publicly announced usually in the legal section of your newspaper. Foreclosure sales can occur in as little as 3 weeks and as long as four months. State laws vary; therefore the process will be different from state to state.

    Buying at the auction is definitely not for new investors with limited funds because at foreclosure sales, you'll be expected to come up with a minimum of 20% down and the remainder due within 24 hours. Therefore, if you plan to buy at the fore

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    ced usually in the legal section of your newspaper. Foreclosure sales can occur in as little as 3 weeks and as long as four months. State laws vary; therefore the process will be different from state to state.

    Buying at the auction is definitely not for new investors with limited funds because at foreclosure sales, you'll be expected to come up with a minimum of 20% down and the remainder due within 24 hours. Therefore, if you plan to buy at the fore

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    efore the process will be different from state to state.

    Buying at the auction is definitely not for new investors with limited funds because at foreclosure sales, you'll be expected to come up with a minimum of 20% down and the remainder due within 24 hours. Therefore, if you plan to buy at the fore

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    eclosure sales, you'll be expected to come up with a minimum of 20% down and the remainder due within 24 hours. Therefore, if you plan to buy at the foreclosure sales, then you need plenty of cash, a working line of credit, or access to cash from a money partner.

    Before you get your hopes up, foreclosure sales rarely produce good deals. With most of these auctions, if there is any equity in the deal, then you'll have a large crowd that will bid the property up until there is no room for anyone to make money from the deal. A lot of times, those that have access to plenty of cash buy, get emotionally involved in the bidding and bid the property price up to where they pay close to top dollar for the property. So be careful not to fall into the bidding war

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