When you found a foreclosure that you are interested in looking at then it is important that you physically go and walk the foreclosure property that you are interested in. Foreclosures are a dime a dozen right now and you need to make sure that you get the absolute best foreclosure for the money. Once you find your foreclosure you will need to look for specific things when walking the property that could cost you thousands in repairs.

1. Look at the foundation - Cracking above the windows, in the outside brick, or noticing leaning when walking the forclosure can be signs that this foreclosure property could have serious foundation damage. I still purchase properties with foundation issues, but I make sure to have my foundation guy come and look at the damage at my potential foreclosure.
2. Check the roof - See how many layers of shingles are on the roof, and look up with walking through house to see if there are water stains on the ceiling. Replacing the roof is another expensive excense you need to add when choosing the best foreclosure to buy.

These are the most important things that I look at because I already plan on replacing the flooring, plumbing fixtures, some electrical, paint, sheetrock, and other smaller items.

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