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Deposit look. You will have to give your agent a deposit check with the paperwork. Normally you could write a personal check choosing a property, but cannot do that with HUD. It should be an official check, cashier's check, or postal money order. How do you actually purchase HUD foreclosed real properties? Well, these properties are usually purchased at auctions. A clear amount funds is lay down to secure the spend money on. The buyer must give proof that effectively financially stable
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