In the last 2 years I would say the hot button real estate word would hands down have to be foreclosure. When I have a random conversation with someone and they find out that I sell real estate, you can bet that foreclosures will come up. This popularity has had an impact on the foreclosure market. When everyone's familiar with an opportunity to get a good deal, It creates a very competitive arena. We have been seeing a huge amount of traffic to our foreclosure opportunities within our company. The more traffic they get generally the quicker they sell and sell near asking price. The late night infommerical's have been leading us to believe that you can turn rags into riches with buying foreclosures. Don't get me wrong there is plenty of opportunity to make money with foreclosure's but it's becoming harder and harder to get the deals that may you could have once gotten because everyone and their brother is going after these properties. With foreclosure's being more competitive than ever it's important that I explain the process and different types of opportunities available to the general public and also where i've had success buying foreclosures for my clients.
Stay Tuned for Part 2 Short Sale Opportunties in the Green Bay Real Estate Market.

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