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Do tax sales really exist for pennies on the dollar? - 60 Second or Less Real Estate Tips - Episode 8

Posted by Matthew Boreen on Thursday, 14 July 2011 in 60 Second or Less Real Estate Tips

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5 Myths About Buying A House For “Pennies On The Dollar”

Posted by Matthew Boreen on Friday, 10 June 2011 in Real Estate One Stop Shop Blog

Pennies On The Dollar RealtyTrac.com CEO Reports “The lack of understanding can foster foreclosure myths that are dangerous both for homeowners who want to avoid foreclosure and buyers interested in purchasing a foreclosure.”

Walking into the real estate market in today’s conditions to buy a house may leave you with many unanswered questions. Television, newspaper, Internet articles, and even so called real estate gurus are telling you this is the time to buy houses for “pennies on the dollar”. What most buyers do not understand is that getting huge discounts on properties may be farther from the truth than what they are led to believe.

What does it mean to buy houses for “pennies on the dollar”?

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