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Residential forclosures

By
Real Estate Agent with Coldwell Banker

Activerainers,

The other day I went out to find out what all the hoopla was about with the foreclose deals. Just as a suspected. Some properties were just trashed,abandoned, over priced when they  were purchased, and sadly, some poor families are just victims of the times. You really have to look for a deal. If something is too true too be true, yep, it is, I have not seem the Gems as described,and you can make more money selling.REal Estate

Regards

Tom Braatz

Comments(3)

Wayne Miller
San Diego, CA
That's very interesting Tom, I've never considered working foreclosures and I often wonder if it will be profitable. 
Sep 22, 2007 01:45 PM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos
It also depends on the price range you are looking at and the type of property.
Sep 22, 2007 01:54 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
Tom, I believe many of the foreclosures here are eventually bought by an investor and just torn down.  A big, beautiful home is built and they sell.....
Sep 23, 2007 02:26 AM