Duck, what were you looking at? The ones that went NOD this week? NOTS this week? Of just the list of all NODs/NOTs they have?
What I’ve always heard was if you want a deal in foreclosures, you need to buy it before it’s foreclosed.
Once it’s foreclosed, you don’t have any guarantees that anything is still okay with the house. Frankly I suspect we see much more of the pigs been let loose in the house thing. Or, like the 90s downtown, you’ll step in to find the cabinets gone, appliances gone, sink, fixtures gone, and possibly, even the walls ripped open to get the copper wire and pipe for their salvage value if it stays high.
