Buying a foreclosed residence in California
Hello any and everyone, my wife and I will be moving close to the L.A. area towards June and will be renting an apartment over there with the hopes of buying our first personal residence after a year or so. I was wondering, with prices so stinking high out there compared to where we are in the south, does anyone have any advice on whether or not I should look into a property in preforeclosure? I am extremely well versed in construction as I've been working with my hands since I was around 15, so renovation doesn't scare me. Just looking for any advice as to whether this might be a viable option for us. Thanks in advance guys!