Could renovated foreclosure resales help solve the nation’s increasingly complex affordable housing puzzle?
Housing Wire
FEBRUARY 8, 2022
In 2021, McCormick resold two renovated properties that she originally purchased at foreclosure sale on Auction.com in her hometown of Dayton, Ohio. Both properties sold to owner-occupant buyers for under $150,000 apiece. “I Owner-occupants purchased renovated foreclosures for an average price of $261,543 in 2020 and 2021 combined.
Let's personalize your content