Similar Stories to Rising Real Estate Market Makes Foreclosure Properties Hot Investments, But Some Never Collect Profits on Bing News

David Migoya, Denver Post: Business
Thu, 12/08/2016 - 12:01am

County foreclosure auctions have become the hottest investment opportunity in town, reaping tens of thousands of dollars in profits for the most unlikely people: the homeowner who lost the house. Yet getting them to collect the money isn’t always easy, the public trustees who track them down say. The money comes from people who buy auctioned houses for more than what a homeowner owes the bank or lender who foreclosed.

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