Do foreclosures have closing costs?

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asked Oct 12 in Real Estate - Renting by T Reed (210 points)
Do foreclosures have closing costs?

When buying a foreclosed home do the foreclosed homes have a closing cost when purchasing the foreclosed home?

1 Answer

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answered Oct 12 by Judy (12,390 points)
Yes when buying a house that was foreclosed on you will be required to pay a closing cost and some other associated fees such as liens etc that the previous home buyer had on the house.

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