If a for closed home is renovated can it enter the market at comparable prices to homes of the same value?

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I've that once a forclosed house is purchased you need to go through a tedious process before you can put it on the market, thanks

2006-06-13 03:09:49 · 3 answers · asked by mn4747 1 in Business & Finance ➔ Renting & Real Estate

It sure can!!! And if you buy it right - purchase price + fix up costs about 40% less than comps then you can make a fortune!

2006-06-13 04:13:11 · answer #1 · answered by Finance Pro 2 · 0⤊ 0⤋

Yes, I do it all the time =)

2006-06-13 12:36:51 · answer #2 · answered by Tomarush 2 · 0⤊ 0⤋

yes it can and often does!

2006-06-13 10:13:51 · answer #3 · answered by golferwhoworks 7 · 0⤊ 0⤋