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The truth about foreclosures

by Teresa Boardman, on 27 February 2006

Over the years many buyers have asked me about buying foreclosed properties.  Folks figure that these homes can be purchased for cheap.  They are not always a bargin and when they are the competition can be fierce. Read more

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  1. Oh yeah its only getting worse. In my city its seems like the foreclosures are doubling every 6 months, for the part year. The short sales are really hot right now also. I’m wondering if there would be more foreclosures if it wasnt for the short sales. I guess will see what happens in the next few years.

  2. Oh yeah its only getting worse. In my city its seems like the foreclosures are doubling every 6 months, for the part year. The short sales are really hot right now also. I’m wondering if there would be more foreclosures if it wasnt for the short sales. I guess will see what happens in the next few years.


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