My Real Estate Tips

If you see an ad or a sign like that, do not doubt. It may be true. Given the current picture of the real estate sector, things like this happen in places like Detroit and Cleveland.

Banks are trying to get rid of run down homes and you get a lot of them with tags under $3000. If you check real property listing you can find around 18 homes in Flint Michigan, 22 properties in Indianapolis, around 50 homes in Cleveland, and an eye popping 709 homes in Detroit that are priced below what you expect.

In the US, the banks have become property managers because of the volume of homes that are foreclosed. It is better for their business to sell them very cheap rather than try to get some market value for them.

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