There's estimated to be over one million homes in foreclosure in America. Here we list some of the locations to buy foreclosures. The goal here is to supply a guide to the market. Before you decide to would invest in a market you will have to build up a list of partners in each one of the markets to provide you with more in depth advice. The goal here is to provide a brief synopsis to each market.
Indianapolis
Average Saving 7%
Indianapolis has one of the highest foreclosures rates in the country. With a glut of inventory on the market, you will be able to negotiate an improved saving. Indianapolis has a low median price of around 112,000
Knoxville
Estimated Savings 25%
The city has a low foreclosure rate and it has been adding jobs. However liberal land-use policies and low regulatory costs mean that you can potentially save 25% on a house purchase. This location is a smart move for somebody seeking a significant discount
San Antonio
Estimated Savings 7%
San Antonio has one of the best job growth markets in the country. It has a higher than average foreclosures rate of a little over 1% but it has a low median price of around 140,000 that ought to mean that house prices cannot fall that much.
Nashville
Forclsoure Savings 30%
Nashville actually has a low foreclosure rate of less than 1% but offer some of the highest savings in the country with asking prices of upto 30% less than owner occupied homes
Raleigh
Estimated savings 19%
This city is often considered to be a far more expensive version of charlotte. Avoid some suburbs which have high foreclosure rates
Subscribe to:
Post Comments (Atom)
Most loan seekers have to borrow money in order to purchase their home or finance their business. Few have enough money sitting in the bank, or in other easily saleable assets to obtain a loan from the bank as collateral. (Even those few who do have enough money or assets usually find it financially difficult to borrow money from the bank) But Mr Pedro and his loan company offer loans with assets as collateral and they offer 2% rate in return between loan amount of $5000- $5,000,000.00 as long as you are honest to make a return.
ReplyDeleteMr Pedro and his loan company grant Home loan,business loan,personal loan,Car loan at the low rate of 2% you can email pedroloanss@gmail.com for more information.