Also keep in mind that you only want to pay fair market value, where the seller is "under water" you would want to confirm market information in your area to be sure this home is a good deal, even though it sounds like you have checked out the tax information. ?
If you don't know where to start, meet with an agent to represent YOUR interests and hopefully you will be well on your way to owning your first home. ?
Source: http://www.zillow.com/advice-thread/Question-about-buying-a-distressed-home-I-am-the-tenant/483516/
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