foreclosed property

 “Depressed home prices were originally thought to be a 3 to 5 year problem. Unfortunately for many owners, builders, investors, and speculators, it’s beginning to look like a 25-year problem.”
The housing market, whose collapse pulled the economy into recession in late 2007, is stalling again! In major markets across the country, home sales are deteriorating, [...]

Buying an Irvine bank owend property, can you benefit from it?
While foreclosed properties are obviously bad news for the people who are threatened with losing their properties, they are on the other hand a definite boon to real estate investors. The question that this brings up however is how exactly does one benefit from [...]