All about foreclosures

With all the talk about forclosures in the media, I found a great site that tells you all about the foreclosure process, judicial and non-judicial, the average time it takes to foreclose a property, and the right of redemption (EXTREMELY IMPORTANT if you own a property in distress) in each state. (It varies state to state) In Ohio only a judicial proceeding is available in the foreclosure process, which is why foreclosures takes so long. That can affect investors because it can take months before a foreclosed property is available for possession and in the interim a property can deteriorate substantially. Don't believe everything you hear on TV about great cash flow with nothing down. Call a professional realtor!! Here's the link: http://www.foreclosures.com/ Happy reading and enjoy your day!