Yes, it’s true. More and more investors are jumping back into the market. With prices down as much as fifty percent in some areas of San Diego County. Investors are fighting for low-priced foreclosures to purchase with cash.
People purchasing foreclosures either at trustee’s sale auction or after the bank took them back in foreclosure. Investors then rehab them a little and put them back on the market.
Wednesday, August 19, 2009
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