Quote:
Originally posted by clickhappy
Can you really get houses for pennies on the dollar, or is it a pipe dream?
is there something I dont know about this that I should?
It sounds too good to be true that you could buy a house for, say, $150k when it's really worth $300k, because somone couldn't afford to keep paying their mortgage.
|
in a normal market that isnt doing to happen, ie half price or pennies on the dollar. i have seen a few at 10-15% under market value. if you want to have some fun, go to some tax auctions and make some bids on properties with back taxes owing.