One of the common problems right now in the foreclosure market are willing buyers who can't pay cash for properties that need some work.  Many properties won't get financed by FHA due to condition, leaving the alternatives to be conventional or cash.

There is a loan program that many people have heard of but just don't know enough about.  That is the 203k Re-hab loan.  There was an excellent ActiveRain post by Colleen Craig on the subject that you could call 203k for Dummies.  It is a simple explanation of how it works.  Great job Colleen.  See it here

Adam Tarr, Assoc. Broker
Citywide Real Estate and Investments
Phoenix, AZ
480-236-7374
adam@WeAreAZRealEstate.com