Are all foreclosures in poor condition and in bad areas?
The foreclosure usually has to do with an individual’s personal circumstances and not the property or location, so any home in any area has the potential to end up in foreclosure. Most of the homes have had no cleaning and / or repairs done to them to enhance marketability prior to being offered for sale. Some updating , painting, cleaning, new carpeting, or replacing missing appliances is usually required. Often the homes in the worst shape are priced the best and end up being the best bargains.