What Makes Buying a Foreclosed Property Risky?

What Makes Buying a Foreclosed Property Risky?

After the 2008 crisis, just under 900,000 families lost their homes to foreclosures, causing the number of foreclosed properties on the real estate market to jump by 81% in just a few months. Since then, the rate of foreclosure starts has been dropping steadily, reaching its all-time low in 2020, when Covid-19 mortgage bailouts helped […]