Updated On
07/03/08 at 10:33AM
Investors buying cheap homes
Real estate bargain hunters have started taking advantage of cheap prices. Some investors are buying houses for less than half the listed price, and renting them until the market recovers. Others are buying houses in bulk from lenders, and reselling them without any renovations. Home prices are expected to continue falling this year, so some large investors are waiting for prices to hit new lows before buying.
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Comments
INNA
looking for a house below marcket price
Comment #1 Posted By: INNA 07/12/08
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