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Top 10 College Towns for Buying Foreclosures
It's the time of year when proud parents are sending their kids off to college. What better time to consider the best college towns for investing in foreclosed homes?
Columbus, OH: Ohio State University
During the first half of 2011, Buckeye fans paid an average price of $57,700 for foreclosed homes — 58 percent less than the average sales price of non-foreclosed properties.
total of 999 foreclosure homes sold during the same period, which represented
17 percent of all home sales in the area, again showing plenty of deals
without foreclosure activity overwhelming the local housing market.
By Joel Cone