It is imperative that you and the buyer take the time to write out and sign a disclosure statement; without this, you have no protection from a buyer who claims they were never made aware of defects that you know were previously disclosed.
If you have trouble finding them contact your local brokerage and be sure to ask for "Preconstruction" or "Investment" real estate.
Buying foreclosure homes represents one of the safest methods of entering the investment market.
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