What has been one of the worst years in the mortgage industry has been a boon for some savvy investors. We have all heard and seen horror stories about families losing their homes, their jobs, their lives, and this is truly sad and heartbreaking. Saving all those millions of homes and jobs is something that the collective strength of an entire nation has not been able to achieve. With that in mind, it’s relatively simple to see that there will always be those who take advantage of the misfortunes of others. This will not change and is why foreclosure hunters sometimes get a bad rap.

The truth about “foreclosure sellers,” as they’re called in the Deep South, is that they’re just opportunistic businessmen looking for a deal. If we look at them as nothing more than the average seller in the real estate market, then the view begins to change. You must ask yourself the question that entails what would you do if you had the same opportunity? Chances are good that the sale would go through and the distant memory of the family that previously owned the home before it took over from the foreclosure would be an afterthought. This is the reality of foreclosure peddling techniques in the United States and should not be viewed as a liability of character.

The old saying applies to Hawkers and that’s what’s good for the goose is good for the goose. This means that if a ‘foreclosure seller’ can make some money from a distressed sale that was offered primarily by a lending institution, then anyone should be able to. The problem is not with business people who are late to the game and buy a real estate investment option for a bank, the problem is with the state of the economy. If the financial position of the United States changes soon and the bleeding can at least subside, then this debate will not be a problem. It’s only when the glut of homes on the market are predominantly foreclosures that the real estate industry is seen as vulture at best.

Peddling repossessed homes, while not a guaranteed way to make money, is a very viable business practice and one that shows little sign of abating. Why should more and more foreclosures be added to the mammoth list of those swept up in the 2009 storm? There is plenty of profit left in the distressed housing market and the ‘Foreclosure Makers’ are actually doing it in the United States. The economy has a great favor. Banks don’t want to hold on to a single piece of foreclosed property and the reason for that is quite simple; They are not real estate experts. The end results of a financial disaster like this year’s are many and must be taken into account each and every time the term ‘bad real estate’ appears.