Let me start by saying, I am a Piggie-in-Training (PIT). A complete neophyte re foreclosures. That having been said, I joined foreclosureradar.com for the 3 day trial. I may try it for one month to see how I like it.
What I dont understand is this: why is it that some properties have a “an amount” or price that is higher than the “estimated value”?
One property had an “amount” (price?) that was just over $1million, yet the est.value was $899K.
Conversely, I saw small (house in a nice SD neighborhood for $16K that was valued at over $200K
Am I missing something here?
Can an average Jane make an offer on one of these FCs? Or do you have to be a suave and sophisticated realtor? 🙂
When I look at the foreclosure map, it almost hurts my eyes…so many red, green and yellow “balloons”.
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