Every home buyer wants a deal, but when the price of a piece of real estate gets too low, there’s a reason. That’s when it’s time to stop, take a breath and let that tingling Spidey sense go to work.
There’s a good chance you’re standing on top of a short sale implemented by an owner desperate to avoid foreclosure. That doesn’t mean you should automatically walk away - just realize you’re advancing into a minefield and should take care before signing on the dotted line.
Consider the following pros and cons of buying a distressed property to prevent getting burned:
Total Wine & More Comes To Wilmington, Official Grand Opening Thursday
Johanna F. Still
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Jun 27, 2022
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McKinley Building Announces Leadership Changes
Staff Reports
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Jun 28, 2022
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Terry Named CFCC's Vice President Of Student Services
Staff Reports
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Jun 28, 2022
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Bald Head Island Lands New Vivian Howard Meal-stocked Refrigerator
Jenny Callison
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Jun 29, 2022
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With First Building Fully Leased, Second Phase Of Industrial Project Commences
Staff Reports
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Jun 28, 2022
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Novant Health and MedNorth Health Center are advancing plans to expand the services they provide to individuals and families in some of Wilm...
An investment by Canapi Ventures is increasing the capacity of a tech startup to serve commercial lenders. Canapi led the recent Series A ca...
A growing number of institutional investors have steered their money toward companies that are environmentally and societally responsible an...
The 2022 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.