▣ Foreclosure Values
The global economic meltdown has an upside: foreclosed properties that can save you thousands of dollars. Boasting abundant inventory, the current foreclosure marketplace features many promising properties that will suit your budget and taste. Most been well-maintained, but with some properties, you made need to make some fixes and repairs.
In order to entice buyers and clear away rising inventory, banks are shaving asking prices. Hard-hit sun belt real estate markets such as Florida, Nevada, and California boast bargains even in affluent neighborhoods. With strong credit and cash at the ready, you can get ahold of exceptionally great deals.
Homes that lack curb appeal don’t sell for market value. With enough elbow grease or renovation investment, however, you can revamp your investment. Some long-vacant homes just need minor repairs and yard work.