I’ve got a busy weekend of viewing homes that will be in the upcoming foreclosure auctions. I’ve seen some of them already. Some are absolute dumps, and only for the hard core home restoration folks, but the majority of them mostly need paint and carpet, and eventual updating.
Out in the ‘burbs, though, they’re mostly 2 or 3 or 4 year old homes that just need cleaning up. Some of them are in excellent condition and move-in ready, or rentable with out doing a thing to them.
It’s not too late to start thinking about them. The post from last week that I linked to above is a pretty good tutorial on how to play the foreclosure auction game. There’s also a Part One which doesn’t necessarily need to be read first.