Call or Text Jim Duncan 434-242-7140About Jim
Hi there! Since you're new, you may want to subscribe to my RSS feed or sign up for Email Updates. We talk about Charlottesville's real estate market, local politics, technology & Charlottesville in general. Thanks for visiting!
Well, it depends on your point of view. If you are a home owner, the last thing you want to think about is getting a foreclosure notice. If you are a lender who has an inventory of foreclosures, adding another to their books is less than appealing.
But… if you are a real estate investors… then foreclosures along with their discounted prices are a dream come true. Unfortunately their dreams are not going to last long. The latest reports are that foreclosures are down and prices are going up.
This work by Jim Duncan is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License.