I'm sure you've heard of buying a foreclosure property!

Have you wonder why people buy foreclosures and fixer-uppers?

Because as a matter of fact they know that Real estate has more stability and higher returns for their investment. Foreclosures offer lowest cost of owning real estate property.

Why foreclosures?

1. Below-market value, higher appreciation potential

2. Opportunity to add value, sometimes through cosmetic fix up.

3. Availability of financing to upgrade.

4. Continual income when you lease, or quick profit when you sell

Why House Foreclosures are Under Market Value?

1. In general, people who cannot pay their mortgage do not take good care of their houses. Accordingly, such house foreclosures may very likely be priced lower than their current market values.

2. Many house foreclosures require only cosmetic improvements in a short period of time.

3. You may be able to obtain favorable loan terms from the institution that wants to get rid of the foreclosure house assets from its non-performing portfolio.

Before you decide to purchase a foreclosure, you need to know the prices of homes in the neighborhood to compare prices.

GET THE NEIGHBORHOOD MARKET VALUE REPORT!