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Foreclosure Articles and Guides

Going Against the Grain, Investor Finds Bountiful Bank-Owned Bargains
by Daren Blomquist
Tue, Apr 15, 2008
Despite the abundance of negative buzz surrounding the real estate market, Kirk Leipzig decided to pursue foreclosures as investment properties. read more

Foreclosure Overview
Learn about the different types of foreclosures

Buying Pre-Foreclosure
Discover discounts up to 20-40% below market value

Buying at Auction
Find some of the best bargains at foreclosure auctions

Buying Bank Owned
Learn how to buy a bank-owned (aka REO) property

Foreclosure Trends for United States  (change location)

# of Foreclosures Available
Average Sales Price
  February 2008 Year-to-Date
Total Foreclosures Available 1,101,585 2,123,281
Number of Sales 3,787 20,646
Avg. Foreclosures Sales Price $172,920 $167,859
Avg. Savings (what's this?) 29% 30%
Source: provided by RealtyTrac | data updated through February 2008
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