Mobile Alabama Foreclosure Homes are a Great deal for Buyers and Investors Alike

There are a wide variety of Mobile foreclosure homes under 50K to choose from, making them very affordable for residential buyers and investors alike. The city of Mobile Alabama is growing so fast, becoming one of the highest populated cities in the state with a population of close to 400 thousand and an average income per household of over $30,000. There have been over 9000 Mobile foreclosure homes listed in 2007, which makes the chances of finding your perfect home all the more possible.

Great deals in Mobile bank foreclosures are available for buyers looking to expand in the tourism and services market. Many more modern high technology industries, including medical research and aerospace are also expanding in the area. This growth promotes more retail trade, an abundance of services, commercial and residential construction, along with manufacturing in the city which makes the idea of investing in Mobile foreclosure homes even more inviting. Fortunately there are an abundance of natural resources as well as Mobile foreclosure listings available for the growing population to flourish very well.

A number of Mobile foreclosed homes are still available, even with expansion in the city. The wide variety of incomes in the area provides opportunities for a diverse class of buyers and commercial investors. Huge expanded growth by the waterfront attracts many rental and condo interested parties in the area. Researching through the Mobile foreclosure listings is a great way to find prime properties at a huge discount. Finding good potential renters and condo owners to live in those properties, is sure to be easy in the downtown and waterfront booming populous areas, making the Mobile foreclosure homes very attractive to investors.