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Foreclosure may be something you do not want to have anything to do with if you are the homeowner, but as an investor; it could be a sign of profit. A foreclosure does not mean a property is in poor condition and is not cared for. It does not mean that the value of the property is less than what it would be if the home was being sold in a traditional marketplace. It does not mean you will have to spend a great deal or invest a lot of time.