Foreclosure Tours Popping Up All Over the Nation
May 20th, 2008 by 
Joseph Smith
Foreclosure tours are the newest trend in the marketing of the huge inventory of foreclosure homes up for sale nationwide, and while the tours were previously mainly seen in foreclosure ravaged areas like Florida, California and Nevada, their popularity is now spreading to other areas of the country as well. This trend shows just how far reaching the foreclosure problem is.
In the past, buying foreclosures was the work only of seasoned and savvy investors who knew where to get deals. But with the recent foreclosure inventory surges, foreclosure homes are now marketable commodities, spawning a new brand of “foreclosure agents”, the tour providers.
Recently, the posh suburban community of Long Island outside of New York City saw the creation of a new foreclosure tour, as foreclosures in that area climbed steadily over 2007 and have continued to do so into 2008. The company, called Foreclosure Tours International, takes buyers on tours of neighborhoods so they can see homes in the foreclosure process and make decisions about pursuing purchase of them.
Similar programs have shot up in Ohio and Massachusetts, and you can expect to see more as the foreclosure market and interest in buying foreclosures continues to grow.
