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Bank Owned Properties normally sell at discounts of between 4 and
12% depending on the price range and area. They can provide an easy
way to "WALK INTO" equity if purchased correctly. Urban legends tell
of people getting 40% discounts on homes. That is just not so. You
can look at public records and see that. What bank owned homes do
offer is the chance to move up into a home that in a normal economy
might have been just out of your reach.
Choose a price range to display all "Bank
Owned"
properties in that price range
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