Median home price $533000 in September but analysts say recovery

What type of problems can derive from purchasing foreclosed property at a discount? Consider the following: you purchase a home at $300000 on a foreclosure sale and it turns out the true value of the home is $500000.
The ruling could effect hundreds, if not thousands, of homes in Massachusetts – and further slow up the foreclosure process for thousands of other homes. Could this further delay the housing market recovery? We'll see. Three words: What a mess. Read other posts about: Boston real estate foreclosures . Welcome Are you considering the purchase or sale of a home in Boston? Contact us today to discuss ways we can help make the experience easy and stress-free.