Buying a Home Foreclosures Tip: Investing in preforeclosures

Investing in preforeclosures: "Buying foreclosures has replaced stock investing in some circles as the hot topic of after-hours conversation. Those who succumbed to the siren song of tech stocks in the late 1990s now seem equally intrigued by the return potential on distressed properties."

A good place to find these cash-flush speculators is at foreclosure auctions, according to longtime Tampa, Fla., property investor Tom Lucier. What these newbies don't realize is that by the time a property reaches the auction block, it's probably worthless as a short-term investment.

--------------------
Buying a Home Foreclosures- Buying a home foreclosures makes you generate quick profit. Step-by-step process in buying a home foreclosures for quick cash.