"FORECLOSED HOMES SELL at significant discounts, sometimes up to 50% below market price." So says RealtyStore.com, one of many websites touting great deals in distressed real estate these days. With home prices down 25% to 70% nationally, there undoubtedly are tremendous buys to be had. Yet with 1 million homes having been taken back by lenders last year alone, foreclosures are no longer exceptions or screaming bargains.
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