Below, you can see TucsonKent's Top 10 foreclosures for sale under $300,000 in the Tucson real estate market.  As noted in the previous post, the foreclosure market is the hottest segment in Tucson real estate right now.  With the $8000 tax credit, good interest rates and low prices, first-time homebuyers are seeing great opportunity to achieve the dream of owning a home.  Many times, foreclosure homes are a good buy...if they are in decent shape (always, always, ALWAYS have your homes inspected by licensed, experienced professionals). 

There are quite a few Tucson foreclosures in the $300k and below segment - these are my picks for the Top 10 this week, according to ability to finance, not requiring a lot of obvious repair & to reflect a variety of locations around the Tucson Metro area.

In this segment of the Tucson real estate market, the competition isn't quite as fierce as in the market for foreclosed homes under $150,000...but the smart investors are seeing the opportunities to take advantage of undervalued homes in a down market. We're not seeing quite as many of the foreclosures in the $300k and under price point go through bidding wars, but there are some - especially if the home is in good shape, and priced below comps.