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GulfShores foreclosurescan be considered by every investor as there are several investmentopportunities available in this regard. Although there is no doubtabout the fact that foreclosure rate is declining in the State ofAlabama you can still find several homes available in foreclosures. Talkingabout Alabama foreclosures, you will find a decrease in the rate offoreclosures in February as compared to January this year. Accordingto a realestate foreclosure listingsprovider, there were as many as 713 auction sale notices and bankrepossessions in the last month. With these default and auction salesnotices, there was one foreclosure filing for 2,997 households inAlabama. This rate of foreclosure is much lower than the rate offoreclosure in the US where one out of every 440 households has aforeclosure notice. Now,the situation for Gulf Shores foreclosures is not too different. Therate is decreasing but there are several options available for anyoneto make an investment. At present, there are 25% homes that are ownedby individuals with 9% are on rent. The great thing for investors isthat there are 64% vacant homes in here. It means that there are lotsof opportunities to make an investment. Althoughmajority of homes available in these areas are resale home severalforeclosure affected properties are also available invest in. But, ifyou are looking to earn big money, you need to spot the right areasto find a foreclosure affected home in. here, you must also spendsome time in finding a home in popular zip codes. Some of the popularzip codes include 36532, 36526, 36561, 36535 and 36542. These are theareas where buying a home is better than others. But, you must keepin mind that average price for homes in these areas may be from$215,146 to $559,401. The home prices in 36561 are the highest. Thefact of the matter is that if you are interested in Gulf Shoresforeclosures, you have to take few things into consideration. Beforemaking an investment decision, you must consider the decreasing rateof foreclosures in this area to determine if investing is a goodoption or not. You may have to research a bit to find the right areaand zip codes to invest in, but your research will enhance yourprofit margin. So, always spend some time in researching andfamiliarizing with the market trends existing in this real estatemarket. Article Tags: Gulf Shores Foreclosures, Investment Decision, Gulf Shores, Shores Foreclosures
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