We are getting foreclosures and short sales in Florida, even detached properties at 100k I am not convinced at. Why?

You have to pay 3.5 to 4% a year in taxes and maintenance fees, that is 3500 to 4000 dollars a year to live in your 100k house. Does not sound like a good deal to me.

Foreclosures/Distressed Sales in the US are running according to site I reviewed today at over 1 million properties. That is alot of houses.

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