In today's falling real estate market, the best way to buy is with a big discount. With values dropping, buying at even fair market value could leave you upside down. Upside down means owing more on your mortgage than the value of your house. Today there are many distressed property purchases available. If you find a savvy Realtor, have him or her help you find a distressed sale.
A distressed sale is where selling at a below market price is motivated by forceful dynamics.
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