You have to examine each house on a case-by-case basis to see what the condition is and what the flaws are.
Some former owners had to give up the home because they couldn't pay the property taxes.
If you find a home in relatively good shape that only needs minimal repairs, it might be worth the investment for you to live there or get income from it as a rental property.
SuccessAggravating86 t1_jedk2co wrote
Reply to Are low foreclosed and pre-foreclosed house prices a scam? How is it possible for their prices to be so low? I'm planning on moving to Seattle soon and have been considering them. by illusiveconsistence
You have to examine each house on a case-by-case basis to see what the condition is and what the flaws are.
Some former owners had to give up the home because they couldn't pay the property taxes.
If you find a home in relatively good shape that only needs minimal repairs, it might be worth the investment for you to live there or get income from it as a rental property.