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To: HiTech RedNeck

At some point, buying a house at ridiculously low distress sale foreclosure prices is going to be serious competition to the rents.
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The titles are clouded , the previously foreclosed houses are unsalable except for cash only and with a “special warranty deed” meaning once you pay all the title problems are yours except for the few weeks/months when the person you just bought from owned it.

The only buyers are “investors” ,, not regular retail purchases..


10 posted on 05/30/2011 6:35:58 PM PDT by Neidermeyer
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To: Neidermeyer

Some of the foreclosures have title problems, but by no means all.


12 posted on 05/30/2011 6:40:16 PM PDT by HiTech RedNeck (Hawk)
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