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10 great foreclosure deals

Posted on 21 January 2013

Repossessed homes are selling at bargain prices in these hardest-hit zip codes for foreclosures. It’s a dubious distinction: Zip code 30045 in Lawrenceville, Ga., has the highest foreclosure rate of any neighborhood in the nation. A whopping 12.7% of its 11,232 housing units were hit with a notice of default, auction notice, bank repossession or other filing in 2012.
With home prices here now about 40% below their bubble-market highs, many homeowners owe more on their mortgages than their houses are worth………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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