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The Pros and Cons of Buying Foreclosures Now
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http://www.mostlyforeclosures.com/blog/article/2246/the-pros...
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foreclosuresnews
22 months, 3 weeks, 3 days, 4 hours agoWith foreclosures accounting for 31% of all sales in the US in quarter one 2010, there has arisen tremendous opportunity for investors and home buyers looking towards investing in a foreclosed home. Suppose your intention is to invest and flip the property. Chances of a profit are quite dim in today’s market conditions. You must be prepared to repair and rent it out for a while till the market gains and you can sell for a profit.
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