Although this is not the most ideal of situations, for the savvy investor
this type of property procurement is definitely more beneficial. As for
the home owner in question although the entire experience of the
foreclosure can be a nightmare it is still a better option than being
declared a bankrupt.

The upside to foreclosures would be that the shrewd investor would
be able to capitalize on this type of property procurement and the
seller who is in dire straits will be able to get rid of the property fairly
quickly so that no further debts are incurred. As for the downside, it is
obvious that the property is already undergoing some problems
financially thus there is no question about the possible risks involved
which in this case could be comparatively higher