The Great Deal that Wasn’t
I hear stories all the time from people about how “my buddy” got a great deal on a foreclosed home. Usually, the person telling the story doesn’t really understand that what a house sold for 3 years ago has nothing to do with what that same house’s market value is today. Here’s one Realtor’s take on the great deal.
And another reminder that just because the price is low doesn’t mean it’s a good deal!