In the current economic climate purchasing real estate foreclosures provides the investor with a wonderful way of making excellent returns on investment. Basically this market is wide open; thousands of foreclosures are on both bank and government listings and can be bought for very good prices.
Investing in real estate has always been a way of creating wealth. But with the foreclosure market being so predominant, many normal home buyers are also making use of this vehicle to obtain homes which they might otherwise not have been able to afford. Basically anyone with the will and the ability to obtain finance can invest in this market. In other words you don't have to be an expert investor to take advantages of the benefits of purchasing property in real estate foreclosures.
Feel free to call me to explain this topic in more detail.
Gerard Scheffler www.chicagolandhomegallery.com