Half-gate: They let you in, but you can't get out.
Westgate: Same thing.
- - - - - -
Anyway, in a lot of words what I coulda said in a few is that although the foreclosures have lowered everyone's values, the actual foreclosures are the real deals.
Traditional RE sales of non-distressed properties are not down as much.
The lowest golf course house I've seen was $19K.
To make a foreclosure easy, pay cash and take your chances. You could close in days on most of them. Since you can find out most info about them online, and inspect them before making an offer, the risk is not as great as it might sound.
Westgate: Same thing.
- - - - - -
Anyway, in a lot of words what I coulda said in a few is that although the foreclosures have lowered everyone's values, the actual foreclosures are the real deals.
Traditional RE sales of non-distressed properties are not down as much.
The lowest golf course house I've seen was $19K.
To make a foreclosure easy, pay cash and take your chances. You could close in days on most of them. Since you can find out most info about them online, and inspect them before making an offer, the risk is not as great as it might sound.
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