23 Responses to “Foreclosures the way to go!”

1. Rich on February 20th, 2008 9:20 pm
   Got any suggestions for the rest of the country?
2. florida rentals on February 24th, 2008 8:25 pm
   I wanted to take time to thank you for posting this information. I found it to be very interesting and helpful. I look forward to you writing again soon. Thank you again.
3. Michael Tucson Agent on February 25th, 2008 4:42 am
   We in Tucson have seen a large amount of buyer willing to step up and purchase REO properties. Banks want to get rid of them and have been pretty good with accepting our offers after a couple rounds of negotiations.
4. Visalia Real Estate on February 25th, 2008 8:45 pm
   Foreclosures are aplenty in California especially in some of the lower priced markets that had gains from 250 – 350% during the boom. I’m quite sure that this list is lengthy. Thanks for the info!
5. Ben DeBell on February 29th, 2008 5:42 pm
   Great resource. I was just reading about the number of foreclosures on the market, especially in the Bay area. Interestingly, I read that many of the foreclosures are caused by investors who snapped up properties and got in over their heads. It really opened my eyes, especially with the current legislation proposed about the foreclosures and inetrest rates.
6. Forumistan on March 3rd, 2008 12:04 am
   San Diego foreclosures is awesome. Good stuff there. Thanks for the information…
7. Jim in Summit on March 4th, 2008 12:35 am
   I have purchased foreclosed homes before, as well as preforeclosures, and just plain good deals, all to fix up and flip. I love real estate, it just makes sense.
8. Smith Mountain Lake on March 10th, 2008 6:49 pm
   I was leasing a wonderful 2500 square foot home that was priced at $515k last August, and is now down to $365k list price. It’s a great time to make offers on houses, especially foreclosures. Not only are you getting a great deal on homes in San Diego, but you are honestly helping people who are about to completely destroy their credit. You are lifting off an extremely heavy financial burden from their shoulders by purchasing their property they can no longer afford.
9. Bob on March 12th, 2008 9:28 pm
   If you are looking for foreclosures in the Tampa Bay area we have our share of them as well.
10. Mont Tremblant Real Estate on March 17th, 2008 9:10 pm
    Any suggestion for Canadians to get foreclosures?
11. Bricker Nicker on March 22nd, 2008 11:11 am
    It’s so different here in the UK, there is a government place where you can get the info, in some ways it’s easier. It would be nice to have a website to go to.
12. SLC on March 24th, 2008 10:48 pm
    The only problem is that so many foreclosures these days are upside down. There is no equity, so unless you can get the bank to do a significant short sale, foreclosures are worse than market value properties…
13. Graham on March 28th, 2008 6:08 pm
    this is an amazing thread – any resurces for Atlanta GA?
14. Sam Chapman on March 28th, 2008 7:19 pm
    Many people looking at foreclosures think they are great deals. That really isn’t true in Austin, although you can get good deals if you work with someone who really knows that market. Is this true in your area as well?
15. Investing Foreclosures on March 31st, 2008 12:33 am
    There’s this cool game called Flip that House Real Estate Cashflow Game.

    It teaches you how to purchase property, how to fix them up, and flip them for a fast profit.

    For those that haven’t done fliping before, this is a great way to learn about foreclosure investing!

16. TT LoanShark on April 2nd, 2008 6:52 pm
    One man’s loss, another man’s opportunity. I still wouldn’t buy a cr*ppy house in a bad area, no matter how cheap it was.
17. Barb Ryan @ the Pasadena Financial Planner on April 3rd, 2008 6:07 pm
    It might make sense for anyone wanting to buy foreclosed properties to shop first for a good, reasonably priced real estate attorney. Purchase transactions on foreclosed properties can be more complex than the vanilla buy a home transaction. It can be worth the legal fees to ensure a clean transaction.
18. Giftcardblogger on April 4th, 2008 3:58 pm
    I have been thinking about this for a while but with the way the market is behaving and the fact that we are already in a recession gives me reason to pause. Nice post though.
19. florence oregon real estate on April 6th, 2008 4:43 am
    Fortunately in Oregon we have not seen the massive foreclosures some areas are seeing. We do have some though and here is a Majestic Lake Frontage foreclosure on the Oregon Coast.
20. Cherokee County Real Estate on April 30th, 2008 2:16 am
    That is a great resource. I wish I had a similar service for my area, or at least a way to see which of these pay sites does the best job.
21. will on May 19th, 2008 1:20 am
    I also offer a list of short sale, foreclosure, and distressed properties, specifically urban properties like lofts, high rises, row houses etc… However, I don’t put the whole list on the web. If someone wants the list they have to contact me to get it. Hey, it’s a lot of work to put the list together and I can’t work for free
22. foreclosures on May 30th, 2008 7:32 am
    there will be plenty of more foreclosures – just the tip of the iceberg.
23. Investment Property on August 20th, 2008 7:52 pm
    Very good information. Buying foreclosures properties is an excellent opportunity due to its lower price than the market-value.

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