This would be one of the posts that almost got me on the news.  A local TV station was doing a story on this very thing, and I was out of town on vacation when they needed someone on camera.  I might not have been pretty enough away…  ;^ )

To the post…

While the pace has slowed, there are still homes available in subdivisions that the builder abandoned, surrendered to the bank or defaulted on.  These represent danger and opportunity.  They are definitely  an option for some buyers, but not all… and there is NO blanket statement as to whether they are good or bad.  In fact, the only blanket statement I can come up with is the pay attention and don’t underestimate the risks or overestimate the rewards.

Take a look at the original post.

I’d love to hear what you think about this…