WHERE TO BUY A FORECLOSURE?

The National Association of Realtors (NAR) recently reported that foreclosures nationwide sold for an average discount of 17 percent below market value in November. But in some places, the discounts may be even deeper. If you as a buyer or investor is looking to snag a big discount on a foreclosure, here are the top 13 states offering the largest discount:
▼Fort Myers, Fla.: 65% average discount on foreclosures
▼Columbus, Ohio: 63%
▼Cleveland, Ohio: 63%
▼Fresno, Calif.: 62%
▼Pittsburgh, Pa.: 60%
▼Atlanta, Ga.: 57%
▼Canton, Ohio: 56%
▼Cincinnati, Ohio: 55%
▼Akron, Ohio: 55%
▼Memphis, Tenn.: 54%
▼Vero Beach, Fla.: 51%
▼Dayton, Ohio: 51%
▼Richmond, Va.: 49%
Source: RealtyTrac
I am Certified Short Sale Foreclosure Expert. If you would like to purchase a Foreclosure or Short Sale, please call me for your confidential consultation.
~Pam Devendorf, Broker ~ Coldwell Banker Residential (847) 681-4143