Thursday, June 21, 2012

Buying Foreclosures is a new 'Sexy' in Real Estate ... - Zillow Real ...

There is nothing "sexy" about profiting off of the hardship of others, just like there is nothing "sexy" about "rape".

And bidding at an auction when you have no clue of the condition or ramifications is no "fun" either.

Yes, buying an REO can give you a "discount" off of market value, but you pay for that in increased time, increased hassles, and correction items that don't get corrected but you have to do yourself.? And in an area with high REO market saturation?? Nothing "sexy" about that either.? Many people call it "blight".

Are you "suggesting" that Realtors? are Whoring and Pimping Bank sales?

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