his episode of ReferralMortgages.com’s Money Moment teaches you how to save time, energy and money when buying, selling, financing, renovating or maintaining your home, brought to you by ReferralMortgages.com, your mortgage agents in Ottawa.
One great way to save money with a home purchase can be buying a foreclosed house. It does take preparation and work to achieve maximum savings, so follow these 5 tips: 1) be financially prepared, 2) get pre-approved for financing if you’re not going to pay cash, 3) find the foreclosure listings and call immediately for details to arrange a viewing, 4) scrutinize before buying, as foreclosures are sold as-is, 5) assess comparable home values in the area.
Foreclosures have a lot of potential, but the market can be complicated. If you need help, contact your mortgage agents in Ottawa today through our website at www.ReferralMortgages.com or call us today.

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