Foreclosure Auction Stats, Foreclosure Education

$95,251 for a 3 bed in King County!!!

If you were at the Foreclosure Auction on Friday you could have bought this house.  This is a no brainer even in the market we are in.  This home is located in a very nice area of Covington, WA called Timberlane Estates.  The homes here are close by to some great schools including Jenkins Creek Elementary School, Cedar Valley Elementary, and Cedar Heights Middle School.  Great family neighborhood that features a community pool, park and clubhouse.

For investment purposes this house would make a great rental or even (gasp) a flip….yes, I said it, a 4 letter word.  At this price yes, a flip even today would be a viable option.  Of couse if this was mine, I would do whatever I could to hold the property for the next 2 years to receive tax benifits and market appreciation.

To find out more about how you can scoop on these great deals we are finding every week at foreclosure auctions come out to our free workshop held every Tuesday at our office in Redmond.  We cover all the basics you need to get started and how you can leverage the power of our team to make money in this down market.  Opportunites are plentiful, you just have to be ready and know where to look.  Register today for our foreclosure workshop at http://www.realestateinvestmentfirm.com/index.php?page_id=206