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Foreclosure in 53558 : Real Estate Advice

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Mon May 22, 2017
mweaver3440 asked:
Tue Apr 28, 2009
Tim Totah answered:
Hi Danny,

If your goal is to flip this property, proceed with caution. These strategies typically only work for the novice investor/speculator in appreciating markets, as appreciation will serve as a hedge against any downside risk or mistakes in calculation.

If you are purchasing to live, it's a different ball of wax all together. This area has been addressed well by the below responses.

I would caution, as much as possible, not to make a decision based entirely on emotion. The real estate market is truly in a glut. And to get out of it based on solid fundamentals, we need purchasers to be realistic.
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