You cannot buy these homes as investment….
You cannot buy these homes as investment real estate until they have gone through the auction process for homeowners.
All you need is a computer and an internet connection and you could potentially have a house very soon for much less than you would normally spend.
In a traditional real estate purchase, the current owner would have to fix the worst problems before the purchase is complete, but with foreclosures, you as the buyer will be stuck with the repairs.
Prudential Financial Posts Loss on Investment Losses (Fox News)
Prudential Financial (PRU) reported a loss after Wednesdays closing bell and lowered its profit outlook for the year after taking a hit from investment losses.










