There are some terrific prices on foreclosed properties right now. There are homes for sale in Pinecrest Fl that are foreclosures. If you see one that you like, let me suggest a couple of things. First, be prepared with a preapproval letter in hand so that you can act quickly. Second, don't be surprised if your agent suggests that you offer over list price.
I have been working with a couple for about four weeks now; they're well qualified and ready to buy. We have submitted three offers on three different foreclosed properties and our offers have not been accepted because other buyers have offered more! Just yesterday our fourth offer was accepted on a foreclosed property; of course it was for more than list price and the property had been on the market for just one day when I had already submitted our offer.
So yes, there are some good buys out there. You just need to act quickly and submit your best offer right from the start.