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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateForeclosure prices seem high
Edward A.'s profile image
Edward A.'s profile image
Edward A.
  • Real Estate Agent
  • from Mount Airy, Maryland
  • Member since Sep 27, 2014
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Edward A.'s profile image
Edward A.'s profile image
Edward A.
  • Real Estate Agent
  • from Mount Airy, Maryland
  • Member since Sep 27, 2014
Connect
Edward A.
  • Real Estate Agent
  • Mount Airy, MD
4
Votes |
34
Posts
Buying & Selling Real Estate

Foreclosure prices seem high

Edward A.
  • Real Estate Agent
  • Mount Airy, MD
Posted Oct 4 2014, 19:18

Looking for a first FLIP opportunity.  I have noticed that foreclosure properties in the Maryland area seem very high for being a foreclosure.  Why are houses that require work/more risk priced at or above market value?  Any suggestions on what I can read to get tips on finding my first rehab effort?

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