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how to get financing for foreclosures | Print |

How do you get financing for a foreclosure?

One reason there are few bidders at foreclosure sales is that it is next to impossible to get financing for such a property. You generally need to show up with cash and lots of it, or a line of credit with your bank upon which you can draw cashier's checks.



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Last Updated ( Wednesday, 30 July 2008 )
 
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