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Stock impact report

Should You Buy a Foreclosed Home? Here's How to Weigh If It's Worth It [Yahoo! Finance]

PNC Financial Services Group, Inc. (The) (PNC) 
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am Check Earnings Report
Company Research Source: Yahoo! Finance
https://secure.money.com/embeds/embedder.js?v=1 Q: I'm in the market for a new home and found a foreclosed property in my price range. Should I buy a foreclosed home? What are the pros and cons? A: Real estate owned (REO) homes, also known as bank-owned homes or foreclosures, attract potential homebuyers with the promise of a price well below market value. Buying a foreclosed property as a first home has the potential for significant cost savings compared with buying a home through traditional avenues or working with one of the best home builders. Foreclosed homes are also ideal for house flippers who make certain upgrades and repairs before reselling the home for a profit. Although foreclosed homes can offer significant savings, they also come with unique challenges that any prospective buyer will want to be aware of. There are several things to know before buying a foreclosed home. The purchasing process for foreclosed properties is often more complex than for a standard real estat Show less Read more
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