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Marthas Vineyard : Real Estate Advice

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Sat Mar 23, 2013
Sally Grenier answered:
Your best bet is to contact a local Realtor who has access to your local MLS. There is no such thing as a special "list" of foreclosure properties. Every foreclosure will appear in the MLS. Don't fall prey to sites like RealtyTrac who just want you to pay them $$ for their "list" of foreclosures.

Also...Foreclosures aren't always your best option. You really need to talk to a Realtor who can show you everything on the market in your price range. Most foreclosures will sell for "fair market value" (what other similar homes have been selling for). There are plenty of great deals out there for homes that are regular sales and don't have the problems that foreclosures have.

Check out my blog post on the subject at:

http://boulderhousesearch.com/short-sales-foreclosures-and-hud-homes-great-deals-right-2/
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