I recently took a look at how many foreclosure properties —pre-foreclosures, scheduled auctions or REOs — were listed for sale on RealtyTrac for $50,000 or less. I was somewhat surprised to find that more than 8,000 properties nationwide matched this criteria. Even more surprising that not all these properties were located in places like Detroit and Cleveland — although many of them were. I found that there were foreclosure properties listed for sale for $50,000 in 48 states, and many states had hundreds of such properties available. Complete Story