Why Foreclosures Can Be an Ideal Investment
Posted by Andree Huffine, Sarasota Realtor on
In some instances, foreclosures may be dropping in certain parts of the country. However, in many larger metropolitan cities, foreclosures account for a substantial amount of the market.
How many home-seekers do you know that start their search sifting through local foreclosures? The reality, is, probably not many. It’s common for home buyers to leave foreclosures as a last resort of skip them all together. I’m here to tell you that foreclosures are in fact a remarkable investment and can make for an ideal find for you and your family.
Just under 1 million homes in the U.S. are foreclosures according to Experian. "Florida has a statewide home foreclosure rate of 0.72%, which doesn't seem too steep a figure given the Sunshine State's…
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