I bought a foreclosed home in TV 3 years ago, which I currently live in and got it for a good price. I found it through the local MLS listings and my Realtor helped me put an offer on it to the bank and got it closed pretty fast. Had it inspected before closing as well. The thing about the inspections is that even when the utilities are turned on for the inspection and the obvious is discovered, you never know what else can be wrong with the house (especially if it had be sitting vacant for a few years like mine was) until you actually move in and start putting real life stress on the systems, such as the plumbing when you are washing laundry, or the water heater when you take a shower....So just be prepared for the unexpected because you have to buy it AS IS...
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