To buy a foreclosed home in Richmond, you can get started by looking at properties. The best places to look are Foreclosure.com and HUD Home Store.
Foreclosed homes often sell for 20 to 50% below market value, but may require repairs or have liens. So, to get the best deal, work with a foreclosure-savvy real estate agent, secure financing upfront, and be ready to act fast (these properties attract competitive bids).
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