Do You Want To Buy Property Cheaply?

I have always had mixed feelings about about buying foreclosures and buying property "on the cheap". The problem I have with it are the people that don't want to lose their homes and they are forced to lose their homes - sometimes at a price less than the equity that they already have in their homes.

With that being said there seems to be a lot of talk about real estate investing and opportunities for people to buy their first home or for investors to buy property. Unfortunately there will be a record number of foreclosures this year and a lot of people and investors are taking advantage of it. I even posted earlier about how one county sells delinquent property tax bills to the highest bidder. The county gets their money and the highest bidder now has a valuable lien note.

There are different types of property sales all over the United States and when you figure in how many different counties there are in different states then the number of opportunities increases. I have seen properties sold for less than 1/10th of their appraised value! And that is where the money is being made as far as investing in real estate is concerned.

However if you're not a real estate investor and are just looking for property that you can live in you should definitely check out some of these opportunities. You may be able to get a good piece of property very cheaply!