Barry pretty much answered your specific question but I think it is worth mentioning, since I have been working with foreclosures for a couple of years now, I find that I really must tell people interested in foreclosures that if you are looking at foreclosures as a way to purchase a dream home for 200K below the prices of other homes in the neighborhood, you not likely to find that in our market at this time. The reason is simple. We have an open market with good access it information. If you were willing to purchase a $500,000 home for $300,000 of course, there will be someone else willing and able to pay $400,000 and usually someone else willing to pay $450,000. In our free, open market the Seller or the bank will always want the highest offer. So, you are always competing with other potential buyers no matter what circumstance the of the Seller.