Saturday, August 30, 2014

Oro Valley Real Estate-Are Foreclosures Like Buying a Cheap Toaster


Oro Valley Real Estate Are Foreclosures a Dog?
http://www.orovalleyrealestate.com/OroValleyBankOwnedHomes.asp
The price may look right but generally they are sold as-is. The roof could be a patch job, mold, poly piping, leaking pool and the list goes on. So a price of $250k sounds good, but with $50k in repairs, which will have to be paid for in cash, as getting a line of credit on top of 20% down is next to impossible with these Cry Baby Lenders. You may be Buying a Lemon.