Foreclosure lipstick tricks that you should know
November 18, 2008
If you’ve been thinking about buying a foreclosure, be extremely careful. I mean EXTREMELY careful. As banks look for ways to trade homes for cash, they may invest some money to put “lipstick on the pig”.
Severely discounted properties should send up a red flag. Before you sign on the dotted line, ask yourself “Could this home have been a meth lab”? How can you find out? Talk to neighbors, call the health department, and call the Sheriff’s office. But, remember the only way to be absolutely sure that a home is not contaminated is to hire a certified meth lab testing company.
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