Teresa Boardman says no. It is a myth that bank-owned properties are a bargain — some are, but many are not. The bank-owned homes that are priced very low often need so much work that the cost of the repairs is more than the value of the home after the repairs are done. I don’t [...]
Archive for June 18th, 2008
Are Foreclosures Bargains?
Posted in Foreclosures, tagged Foreclosures on June 18, 2008 | 1 Comment »
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J. Philip Faranda Broker-Owner (914) 723-8900
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