Condos Ripe For the Picking

I never thought I'd see the day when you could buy a condo in South Florida for under $100K, but here it is. Now they come a dime a dozen. I wonder if that is a mixed blessing though? Keep this in mind, if there are a lot of unit owners in trouble financially with their mortgage companies then there will be plenty of vacant units in distress, which will eventually lower your property value, make it harder for you to sell for a profit in the future, and probably kick up your maintenance bill a notch. But hey, if you're on a budget and willing to take a chance on the market's future now is the time. You can actually afford to be a little picky until you find what you want, and believe me, there are plenty of them out there just ripe for the picking.