Finding Real Estate Deals When Distress Dries Up

Finding Real Estate Deals When Distress Dries Up

Interest in foreclosures is heating up in 2017 even as the foreclosure market dries up.

“The REOs that come on, they are not that far off from the traditional stuff. Back in 2007 you were getting 20 percent off the actual value. … Now you have them selling for 5 percent off, if that,” said Leland DiMeco, owner and principal broker at Boston Green Realty.

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