Thousands of people have purchased foreclosure
and auction property at far below market value. United States
Government studies indicate that foreclosure homes sell
for an average of 22% less than “ordinary” home
sales. Many were found at even greater savings. Additionally,
the Journal of Real Estate Research and the University of
Texas tested 2,500 foreclosure homes and found almost identical
results. This independent research should guide your decision
on pursuing foreclosure properties and ultimately your dream
home.