There is no argument about this being a buyer's market. Many buyers and investors seem so focused on foreclosure as if all the real estate deals in the market are just foreclosure. In doing dp they are neglecting some great deals that stare them in the face. Some homes that are in the market represent a good investment opportunity even without being a foreclosure. Foreclosure many times require an additional amount of effort and money to get them into being liveable or qualified as a rental property.
Take this cute very clean home in Bloomington Springs, 15 minutes from Tennessee Tech selling for less than $70K. This home provides a gorgeous back yard, a beautiful sunroom and an extremely clean interior. It is just ready to move into unlike many of the foreclosure homes that would require a lot of effort and investment. This home is completely remodeled with everything brand new starting from the carpet to the paint. It shows better than brand new homes and makes a better investment than many foreclosures in the market. It is hard to not think of such a home as an investment opportunity with a price tag less than $70K. A Beautiful Sunroom A Large Comfortable Kitchen
Great Living Room A backyard worth spending time in! Click here for more info!