While we were here, my mother pointed out that there are a lot properties here that are for sale. Those were outer banks foreclosures property. Outer banks foreclosures according to her are properties that are foreclosed by the banks and now they are selling it. Correct us if we are wrong. But yes, she said, most of the times it is cheaper to buy foreclosed properties.
We have no plans on buying properties yet, we still don’t have the money LOL. Mom just loves torturing us with real estate prizes.