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I’ve bought foreclosures at the court house steps in the last 3-4 months at decent discounts, but definitely a riskier and more advanced strategies. You definitely can find better deals through more “traditional” on market short sales and foreclosures but really property dependent
Depending on your area, the Real Estate market has slowed down considerably. Consequentially, short sale/foreclosures are not the only place to find discounts. Many sellers are willing to throw in a discount or seller-paid closing costs, depending on how long their property has been sitting on the market.