good deals: Is a Foreclosure a Good Deal or Just a Head Ache?
- 03/29/10 03:54 PM
Are foreclosures a good deal or are they just a head ache? There was a time when the REO was a great deal but not anymore. Recently, I have been noticing in the Sacramento County area, that when searching properties in the MLS and comparing prices, the REO is no longer below market value in some cases they are even a little high. Today, the market has shifted and it seams that the short sale is fast becoming the new hot ticket in town. Despite the Buyer theoretically have the opportunity to direct the escrow, if the Buyer wants it, they will still have to agree with the … (2 comments)
Are foreclosures a good deal or are they just a head ache?
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