A listing price that is significantly below market value is another red flag. While foreclosure houses in Maryland are usually priced to sell quickly, an unusually low price can suggest hidden problems such as structural damage, unpaid back taxes, or costly repairs. Real estate agents recognize that the price might be tempting, but it’s essential to understand the reasons behind the discount. If the property is priced too low, it’s worth investigating further.
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How Real Estate Agents Spot Red Flags in Foreclosure Listing
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