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Updated over 8 years ago on .

Evan J.'s profile image
Evan J.'s profile image
Evan J.
  • Specialist
  • from Fredericksburg, VA
  • Member since Apr 14, 2015
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User Stats

69
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19
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Evan J.'s profile image
Evan J.'s profile image
Evan J.
  • Specialist
  • from Fredericksburg, VA
  • Member since Apr 14, 2015
Connect
Evan J.
  • Specialist
  • Fredericksburg, VA
19
Votes |
69
Posts
Real Estate Deal Analysis & Advice

High Foreclosure Area

Evan J.
  • Specialist
  • Fredericksburg, VA
Posted

One of my wholesalers brought me a rehab deal that looks pretty good.  However, one thing stands out.  The number of foreclosures in the neighborhood is an astronomical 10 per 10k.  Should I worry?

I'll pay cash for the deal so I'm not worried about getting foreclosed on, but I'm wondering what this could mean for ease of resale.

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