Let’s face it; someone’s misfortune can turn out to be a kind of blessing for you. Yes, the whole idea of profiting from other people’s misfortune may not really sound so good but then again, that’s how life works. Someone’s loss can be someone’s gain. As more and more people lose their homes to foreclosure, prices of HUD foreclosure properties have gone down in most parts of the country.
This means that you can actually buy some of these HUD foreclosure properties at almost half their original prices. Once the recession is over, the prices of these properties could go up again and you get a handsome profit on your investment.