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Foreclosure Property Tours

Touring America's Troubles Is a New Activity

When my dental hygienist told me that her German relatives were traveling to the US on organized shopping tours, the dollar's weakness became even more apparent to me. It's no secret that the dollar is in the dumps, and consumers across the ocean are rightfully taking advantage of its decline.

Another type of tour isn't taking place in our shopping centers, but in our struggling suburbs. Realty groups have begun Foreclosure Bus Tours, something that started in California but has made its way to Phoenix, Detroit, Kansas City, Orlando, and Jacksonville. The buses stop at empty homes that were foreclosed by lenders when owners couldn't make their mortgage payments. The tours give prospective buyers the opportunity to look inside the homes and ask questions about the nuances of purchasing a foreclosed property.

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Join The Conversation
raieven raieven 9 years
my English mother in law is coming to stay in may, its awesome because her money is doubled so she pays for everything! flights here are still super expensive though.
bellaressa bellaressa 9 years
Fabulous idea, a great way to stimulate and if someone can get a good deal; fab!
Shopaholichunny Shopaholichunny 9 years
wow. Interesting.
snowbunny11 snowbunny11 9 years
I think shopping tours are great, we could use $$ being pumped into the economy (unless there are repercussions I'm unaware of because it's foreign money!) but I agree that foreclosure tours do sound depressing and in bad taste. Hotstuffhas a good point, and I don't see how touring foreclosed homes is any different than touring any home for sale,except the negotiations might be easier. It's just sad!
rosey_y rosey_y 9 years
hotstuff is right - what would you do, have these houses remain vacant? I think anything to stimulate activity in the market is a good thing. Tours don't sound in very good taste (especially accompanied by gleeful photos like that!), but where people often get into trouble is by turning financial issues into emotional ones. I very much doubt that anyone is actually taking pleasure in seeing people forced to foreclose.
hotstuff hotstuff 9 years
I've seen these tours on TV and I think it's a good idea. Look, the house is already foreclosed on and having an empty home on the block is just bringing down everybody else's property in the neighborhood. It's beneficial if they can get these homes sold before squatters move in and people steal the copper in the walls and steal everything that isn't nailed to the floor! Which is what's going on now!
CurvatudeBlog CurvatudeBlog 9 years
how pathetic...the agents are so desperate for sales and obviously there are plenty of people with money to burn taking this silly kind of "tour"
princessjaslew princessjaslew 9 years
i've read about foreclosure tours. they just sound so .... depressing.
cvandoorn cvandoorn 9 years
Not cool...
Lovely_1 Lovely_1 9 years
Yes...as soon as I get a chance I am SO coming down to the States for shopping!
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