Foreclosure and Distress Properties
Buying foreclosure houses is one of the most popular choices of bargain home buyers. It’s no wonder. Reports show foreclosures for sale can be purchased at discounts of 20% to 50% below their market value. I know that buying a foreclosure is one way of getting a really good real estate deal.
With the number of homes now in foreclosure many people, home buyers and investors alike are jumping to take advantage of the surge in inventory within the housing market. Of course there are plenty of houses for sale outside of foreclosures; however buying a foreclosed property can be a very good investment if you have considered all the risks. If your looking to purchase your first home, you can save a significant amount of cash by buying a foreclosed home. Before doing so, it is important to understand the pros and cons of purchasing a property that is in foreclosure.
If you would like take advantage of Vancouver Islands growing list of court ordered sales and distressed properties, please fill in your information below and I will send you a current free list of foreclosure properties.