How are the foreclo...
 
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How are the foreclosures in your area?

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(@6th-pm)
Posts: 526
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A sampling of an area in the Denver area show that over 250 properties in a square mile area are presently bank owned or are in foreclosure

 
Posted : January 20, 2011 3:52 pm
(@ted-dura-dura)
Posts: 321
 

over 100 currently, 200 plus pending------------------tdd

 
Posted : January 20, 2011 4:11 pm
(@rberry5886)
Posts: 565
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I'm sitting in one...waiting on the bank to help or wait to get kicked out....ammo up....

 
Posted : January 20, 2011 4:28 pm
(@holy-cow)
Posts: 25292
 

No more now than is typical. When you live far from the river, it is difficult to drown.

 
Posted : January 20, 2011 4:33 pm
(@jim-in-az)
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5 on my street...

 
Posted : January 20, 2011 4:34 pm
(@epoch-date)
Posts: 199
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6 homes out of 31 in our small gate neighborhood were foreclosed on in the last year.

I did buy a foreclosure at auction on the courthouse steps last year. Fixed it up, listed it, and it sold the first day.

 
Posted : January 20, 2011 5:21 pm
(@boundary-lines)
Posts: 1055
 

You could try squatting there until adverse possesion ripens.

 
Posted : January 20, 2011 5:26 pm
(@vanishing-evidence)
Posts: 122
 

maybe you could sue to quiet title and get lucky?

 
Posted : January 20, 2011 5:45 pm
(@peter-ehlert)
Posts: 2951
 

None.

I live in a cash society (ie: Pay As You Go).

every now and again a renter gets way behind and the landlord gets POed, but even that is rare

 
Posted : January 20, 2011 6:02 pm
 RPLS
(@mike-davis)
Posts: 120
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Send me a link the url you used to get the above info and I'll run it for my area. But I bet there won't be more than a 2 or 3. It is no coincidence that the state (Texas) with the fewest amount of government intervention (laws & regulations) is also the one where the great recession has not been that bad.
Texas, it is not just a state, it is a state of mind!

 
Posted : January 21, 2011 6:41 pm