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How to do homework on a foreclosed home

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With the recent uptick in the number of home foreclosures, many buyers are scooping up distressed properties at bargain-basement prices. But sometimes it takes a little more effort on the part of the buyer to make sure that deal isn’t a dud. The ins and outs of doing your foreclosure homework — including competitive price analyses and home inspections — are explained in a recent NBC video.

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