Preforeclosure Properties is the Way to Go

Check this out from a recent article from The Detroit News Real Estate "Investors who succumbed to the siren song of tech stocks now seem intrigued by the return potential on distressed properties. A good place to find the cash-flush speculators is at foreclosure auctions, according to longtime Tampa, Fla., property investor Tom Lucier, author of "The Pre-Foreclosure Property Investor's Kit." But by the time a property reaches the auction block, it's probably worthless as a short-term investment. The trick is to find the distressed property in pre-foreclosure."

Investing in preforeclosure properties puts you ahead to most of your real estate investing competitors even from the eager waiting mortgage companies who are ready to foreclosed on those distressed property owners.
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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.

Buying a Home Foreclosures New Update: California foreclosure rate drops

California foreclosure rate drops - 2005-06-22: "If there's a housing bubble, it has yet to pop in California in terms of foreclosures, according to a report Wednesday from RealtyTrac Inc.

California and Pennsylvania, which together accounted for about 9 percent of the nation's foreclosures, saw sizable declines in the number of new foreclosures reported in May compared to April, RealtyTrac says.
California's foreclosure numbers dropped 16 percent, lowering its foreclosure rate to close to half the national average. With a 30 percent decline in foreclosures, Pennsylvania's foreclosure rate dipped below the national average in May. "
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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.