True or False: 1. Foreclosure sales almost always involve properties in poor condition. True False 2. Sellers often are willing to agree to better terms and a lower price in a foreclosure sale than a standard home sale. True False 3. Buyers should always obtain a professional home inspection prior to settlement on a foreclosure sale. True False 4. Foreclosed homes vary from detached homes to townhouses and condominiums in a range of neighborhoods. True False 5. Foreclosures are always found on the Multiple Listing Service (MLS). True False 6. Most agencies maintain an inventory of foreclosed homes on the Internet. True False 7. Most agencies sell foreclosed homes through local real estate brokers. True False 8. HUD, Freddie Mac and VA offer buyer financing. True False 9. Sellers of foreclosed homes always warranty the condition of the home. True False 10. Buyers should work through brokers who are knowledgeable and experienced in foreclosure sales. True False
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