Wednesday, August 19, 2009

Flipping in This Market?

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.

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