U funny, I have 2 properties on my street here in Texas North of Houston. Originally this one was for my daughter but she sold it back to me for the same foreclosure price I bought it for. She made out good because she got 2 yrs of payments back but I got the property back. I could easily sell it for double but why do that when I can rent it. I only moved into her house because she got married and moved into her new husbands house and left this house and I worried it may be vandalized. So she sold it to me for what I/we paid. I don’t care where you buy, look for foreclosures in all neighborhoods even Beverly hills have foreclosures. u need to look.
Your lucky and I suppose you know it. The housing market was in big trouble a few years ago and probably still is.
You should be happy that things worked out but don’t think that it happens to everyone...