How Low do Foreclosure Prices Go? Posted By : Joseph Smith
Friday, 5. February 2010
Many new buyers are interested in the lowest possible foreclosure prices. The truth is, you can purchase a foreclosure in some cases for as little as one dollar. However, even savings of just a thousand dollars can mean big savings over the term of your mortgage. There are many factors which determine the value and price of a repossessed home. You will want to take all these factors into consideration if you are on a strict budget.