Sunday, September 23, 2012

10 States Where You Can Get Unbelievable Discounts On Foreclosed Homes

10 States Where You Can Get Unbelievable Discounts On Foreclosed Homes:
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One in every 681 homes received a foreclosure filing in August, according to RealtyTrac's latest foreclosure report.
And as states with a judicial process push through foreclosures more homes are expected to hit the market.
These foreclosed homes often sell at significant discounts to similar homes that weren't foreclosed on.
We drew on RealtyTrac's August foreclosure report to highlight the 10 states that with the highest discounts on foreclosed homes.
Note: Savings are measured by comparing average sales prices with average foreclosure sales price.


Pennsylvania




Foreclosure savings:44 percent

Avg. foreclosure sales price:$114,531

Worst county:York

1 in every 1,194 housing units received a foreclosure filing in August 2012
Source: RealtyTrac




Arkansas




Foreclosure savings:44 percent

Avg. foreclosure sales price:$101,676

Worst county:Washington

1 in every 2,393 housing units received a foreclosure filing in August 2012
Source: RealtyTrac




Iowa




Foreclosure savings:45 percent

Avg. foreclosure sales price:$83,287

Worst county:Mills

1 in every 1,010 housing units received a foreclosure filing in August 2012
Source: RealtyTrac



See the rest of the story at Business Insider

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