For Some FYI – Click the Link!
Many homeowners are well aware of the foreclosure properties in their neighborhoods. These homes are easy to identify in most cases with their overgrown lawns and weed adorned driveways.
Homeowners are mostly knowledgeable to the fact that foreclosure sales in the neighborhood effect value. Furthermore, a homeowner whose home is for sale near foreclosures can expect an impact on their showings and potential offers.
The study, associated with the attached link, goes into detail in regard to the impact foreclosures play on our real estate market today.