From the Forum: The Risks of Buying a House in Foreclosure
Buyers are being lured by listings for foreclosure properties in the Hudson Valley and are wondering if they are headed towards the purchase of a money pit.
Photo via pixaby
Brooklyn homeowners are being lured by the numerous listings for small houses in foreclosure in the Hudson Valley. While they have experience with a previous home reno, they aren’t looking to take on a complete overhaul and are hoping to get a bargain. Is that dream realistic or are they heading towards a money pit? The homeowners suspect the latter but are hoping someone might have a success story to share.
Please chime in with your advice.
[forumTopic id=”general-discussion:buying-a-foreclosure-in-hud”]
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