I just saw a piece on the news about a woman in Florida who bought a foreclosed home for $90,000 less than the asking price. A lot of mistakes were made that led her to not realize the home was infested with mold and was uninhabitable until after she bought it. This has inspired me to address the most important things a home buyer of a foreclosed home should know. If you live in Florida, where there is both an abundance of foreclosed homes on the real estate market as well as mold, this advice is especially important.
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