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5 Costly Mistakes When Buying Government Foreclosures
Date: 08/10/2011 / Category: none
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When looking to save money on purchasing a home foreclosures are one of the ways to go. However,even if you find the property for free there are still some costly mistakes that most people make. These are the 5 Mistakes that people make when buying Government Foreclosures 1)Taxes It is unfortunate, but most people over pay on the transfer taxes of their foreclosure purchase. It is not a commonly known fact that most government foreclosures are exempt from paying transfer taxes, which in some states can be $5,000 or higher. Depending on your state the transfer taxes from Federal Government... continue reading >>
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