Foreclosure Listings – The real estate market continues to get tighter and tighter all across the nation forcing many people into foreclosure. While that may be bad news for many people, especially if it’s you facing the foreclosure, it is certainly not the end of the world or the United States economy.
Where there is hardship, there is always opportunity. And for the investor, with cash or some kind of creative financing, this is the opportunity of a lifetime. Homes are being sold for as little as 75% of retail and even less. For example, a new home purchased just 2 years ago in 2005 for $242,000 in the Florida real estate market just sold in October of 2007 for $180,000, and that home wasn’t even in foreclosure. Foreclosed homes will be selling for less, sometimes much less.
Now is your time if you have the money to invest in foreclosures and sit on that money for 2 to 5 years. After that short amount of time you can expect to earn big money when real estate prices recover. And even now you can make a significant profit because there are people still buying homes.
Being at the right place at the right time makes all the difference in the world. Don’t miss this opportunity to invest in foreclosures. Check out the links to real estate foreclosures in the major metro areas below. Click on the link for your city and find constantly updated foreclosure listings.
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