Imagine buying a foreclosed house for less than what it cost to buy a brand new motorcycle. Well thousands of foreclosures are available for sale on RealtyTrac for only a few grand.
Here’s a sampling of what you can buy for less than $30,000.
8037 Stockton Street
Detroit, MI 48234
3 Bedrooms, 1 Bathroom, 864 Sq. Ft.
Here's a cozy Detroit, MI, bungalow with three bedrooms for just $560.
Cleveland, OH 44105
Bedrooms, 2 Bathrooms, 2,344 Sq. Ft.
This Cleveland two-story duplex features hardwood floors throughout and has four bedrooms and two bathrooms. For only $3,120, this Cuyahoga County cutie is a cash-flow cow.
59 West 111th Place
Chicago, IL 60628
3 Bedrooms, 1 Bathroom
Talk about a gold mine. Here’s a Chicago, IL, short sale with a tenant in place for only $15,000. This duplex has a tenant paying $410 a month. Get a second renter and you could recoup your investment in a couple of years — the rest of the income is gravy.
7033 Balboa Drive
Pensacola, FL 32526
4 Bedrooms, 2 Bathrooms
Finally, here’s a Pensacola, Fla., short sale for less than $30,000. This stucco home features four bedrooms and two bathrooms and a newer roof. Offer the bank $19,000, they just might take it.
Find foreclosures, short sales and bank-owned REOs nationwide with a free foreclosure search on RealtyTrac.
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