Monday, December 07, 2009

Foreclosures Foreclosed


As foreclosed homes became more and more widespread, investors and bargain hunters have sought them out in growing numbers. But what happens when the owner of bank owned homes is foreclosed on. You then can have an FDIC owned home that may be an even bigger bargain. The Huffington Post reports that decent homes can be often found for as low as $500 at the FDIC website.

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