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foreclosure investing tools

HotPads.com ... a Different Way to Keep Tabs on the Foreclosure Market

Megan Hughes's picture

Have you ever sat in a diner or other restaurant and overheard someone eat an entire meal while talking on the phone? That happened to me and my husband this morning. He was on the phone when we arrived, he was one the phone when his meal arrived, he was on the phone throughout the meal, and he was on the phone when he went into the men’s room afterwards.

We didn’t really want to eavesdrop, but he was pretty loud, and we couldn’t really avoid overhearing him. What was interesting was the topic of conversation, which revolved around bank-owned homes, and foreclosure investing in general. Living in Nevada, which is a real hot spot in the foreclosure market, we have a lot to choose from. Reno’s nowhere near as bad as the Vegas area, but even here in our much smaller town we’ve got something like 2600 homes to choose from.

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