Need a bargain? 4 markets where homebuyers can still find foreclosures—but there are risks

Cash-strapped home shoppers desperate for a deal might ponder buying a home in foreclosure. These homes, which lenders have repossessed due to owners defaulting on their mortgage, often sell for bargain prices. Yet lately, these deals have been harder to find. In 2010, following the 2008 financial crisis, there were more than 2.8 million foreclosures.).
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