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From: merrill@raja.DEC (Rick Merrill, Fonts Manager, Hardcopy Engineering, 3-3751)
Newsgroups: net.invest
Subject: Foreclosures
Message-ID: <2168@decwrl.UUCP>
Date: Tue, 14-May-85 10:02:50 EDT
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Posted: Tue May 14 10:02:50 1985
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Note that forclosure sales May be cheap, but probably not due to the 
informed participation by real estate agencies and private parties.  If you
do find a forclosure auction that sounds cheap, BEWARE, there is probably
RISK involved: forclosure auctions in some states do NOT include the TITLE!
Yes, in some states the bank can forclose, auction the house to you, and you
may have to fight the owner for the title!  You even stand a good chance of
loosing if the title is, for example, tied up in probate!

	I am not now nor have I ever been a financial advisor,Rick Merrill