It's not surprising as many have been anticipating a rise in foreclosures, but now it's upon us. A local television station, King5, reported that foreclosures are up 30% over the past year. And, for "most of them suffering the loss of their home, there are several investors waiting in the wings to buy them up."
And, there are many interested...I know of investors, buyers sitting on the fence and even a few agents waiting on the sidelines looking for foreclosure deals.
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