Types of Foreclosure Opportunities

I categorize foreclosures into three areas:

A few observations about the people who may be interested in foreclosure properties:

Unfortunately, for those who hope to do well buying a foreclosed home, most foreclosures in this area fall into the “terrible opportunities” category.  For example, yesterday a home on Chestnut Oak Lane was in the Daily News Record with an original loan amount of $343,920 — and an assessed value of $316,700.

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