This article gives good tips for what to look for if you are interested in pursuing a foreclosed property. Careful review upfront can help ensure a happy and prosperous outcome with a rental property. Not all foreclosed properties are in need of major repairs. Some in this market at even brand new! The homes run the gamut and as always, you need to do your homework to protect yourself, along with having a skilled, knowledgeable realtor helping you each step of the way!

http://www.azcentral.com/community/gilbert/articles/2008/07/12/20080712ev-foreclosures0712-ON.html

Yours to Count On,
Erika Madsen
Real Estate Consultant
Re/Max Power Realty
"Your Advisory Team" Founder/Manager
480-695-6572

p.s. if you or anyone you know is considering a move in the current real estate market- you deserve an agent who has a strong knowledge to help you succeed! Visit http://www.PhoenixAreaMls.com/ to learn more about Your Advisory Team & Our Performance GUARANTEES!!