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What you need to know about buying foreclosures

Buying a bank owned property can seem like a great idea. You can often buy them for significantly less than the market would otherwise require, because the bank wants to get them sold and recoup some of its losses. They may send the property to auction, or they may list it with a Realtor. Either way, you can get some great deals when buying a home that has gone to foreclosure. There can also be risks, though, so you need to make sure you know what you’re looking for and what parts of the house to have checked out before you make your purchase. READ MORE

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What to look for when shopping for Energy Saving Appliances

Energy saving appliances can definitely be a good choice. They can cost a little bit more to purchase, but they’ll save you a lot of money in the long run. Energy Star requirements are mandated, so you know the appliances with the EnergyGuide label are going to save you money. They are also well made in most cases, so they last longer than less expensive appliances that aren’t energy efficient. An energy efficiency label is something to look for when you’re purchasing appliances for that great Maine house you just bought. The appliances that came with it may not be new, so upgrading can be a good choice. READ MORE

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