Hubzu, an online real estate sales and auction marketplace, has announced two new features that ease the homebuying process for traditional buyers looking to purchase bank-owned homes.
Homes that euphemistically need “a little TLC” don’t always fall under the renovate and sell-for-profit spectrum in the eyes of a consumer.
For some buyers, distressed properties present the opportunity to apply or hire some elbow grease and actually stay awhile — perhaps in a location they never would have been able to afford otherwise.