Savings and Investments

Investing in Real Estate

What about all of the foreclosed houses that are flooding the market?

The number of distressed mortgages or foreclosures in the area in which you are thinking of buying will have a depressing effect on all house prices. It not only increases the supply of available houses, but increases the supply of very cheap available houses, since the banks or lenders that own them want to get whatever cash they can, and are not looking to hold out for a better offer.



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