Foreclosure Shopping: What to Look for.

PHOENIX - Our housing market could go from bad to worse, according to some experts. New numbers show a million foreclosed homes in this country are just waiting to hit the market.

That's expected to drive down prices, and keep them low for years to come. But a lot of people are taking advantage of the situation -- snapping up foreclosures, fixing them, flipping them for a profit, or renting them out.

But it's a story of buyer beware. There are often lots of hidden problems with those foreclosed homes.

Category:

Howto & Style

Tags:

• foreclosure
• educational
• shopping
• home
• house
• housing
• real
• estate
• residential
• inspector
• saving