short sale, foreclosures and short salesForeclosures and short sales may be the best investment in the residential real estate market today. People who can buy homes at this time should sharpen up their pencils and look at their finances to take advantage of the great deals that are out there on nice homes. The foreclosures and short sales are being sold at below market pricing, for the most part, so if you have a little money in the bank and good credit, look into a real estate short sale or home foreclosures as a possible investment opportunity or as a home for yourself and your family.

The housing market is showing a few signs of life. The foreclosures and short sales are moving fairly well in states where they are plentiful. It can be a challenge to generate a loan for them, but if you can get an FHA fixed 30 year loan, you could buy a home and your payments might be less than what you’re paying in rent. It’s a good time to start looking and talk to a Realtor about buying now for a future payoff.