What makes buying a foreclosed property risky select two framework


Asked by maham237 @ in Business viewed by 375 People


Select two. The title fee is set later and can’t be negotiated They’re usually sold "as is" Usually, you can’t inspect the home in advance You must use an adjustable-rate loan for purchase

Answered by maham237 @



Answer:

1. The title fee is set later and can’t be negotiated

2. Usually, you can’t inspect the home in advance

Explanation:

The purchasing of foreclosed property posses a number of challenges to the potential buyers. The choices are limited. In addition, there are strict terms and conditions attached. For example, the fees are set, and once set, they cannot be negotiated or changed. In addition, there is not chance to view the property. Once bought, a concession cannot be entered to negotiate for a better deal.


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