People who have been house hunting in Ohio, or considering to invest in turnkey rentals and other such ventures, may be leaning towards buying foreclosed houses. A check of the listings of foreclosed homes in Ohio can produce some good finds, given the current conditions in the State of Ohio. Writing for the Columbus Dispatch, Mark Williams reports that new opportunities for closing a deal on a foreclosed home are fast appearing this year. According to the article, Ohio had the biggest percentage increase of bank repossessions in the country, up 54% in the first quarter of 2015 from Q1 2014, based on a RealTrac report. The state repossessed nearly 5,000 homes just for the first three months. Columbus is even more aggressive, doubling from the same period last year.
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