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242: Rookie Reply: How to Get a Better Price on That Off-Market Property

Real Estate Rookie

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Are We Going to See a Lot of Foreclosures in the Near Future?

The amount of equity that homeowners had today is almost the highest that it's ever been. So even if someone isn't able to maybe afford those payments anymore because they lost their job or whatever, there's probably enough equity for them to go to the market and sell it. With bigger houses comes higher utility bills, so I'm just not sure if we're going to see all those foreclosures.

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