Foreclosures are a tough market

March 30, 2008 at 9:18 pm Leave a comment

In the past a buyer could find a good deal in the foreclosure market.  Today that has become increasingly difficult.  Many if not most of the foreclosures have no equity and are going to forclosure sale at prices above their market value.  Add to that the influx of dozens of new players in this market and it is all most impossible to find a good deal in the foreclosure market place. 

My advice to beginners is to find an agent and take advantage of the current buyers market using the MLS and leave the foreclosure market to the pros… 

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Entry filed under: Foreclosures.

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