subject: Different Foreclosure Houses For Sale [print this page] There are various types of foreclosure houses for sale in terms of make and built. Families or individuals looking for a home to buy will not have any problem satisfying their personal requirements as choices are abundant and design styles are quite varied.Single family homesSingle family residential properties comprise the biggest percentage of foreclosed residential structures in the U.S. They are also known as single detached dwelling or single family detached home. These properties are free standing residences and most of them include a yard or a garden.Single family foreclosed properties are ideal for families because they are commonly found in urban areas and include features usually needed by a regular family, such as a garage and a yard. They also provide privacy as they are not attached to another house or structure.Fixer upper housesAnother type of residential property that buyers can find in foreclosure sales is the fixer upper. These are properties that are not in tip-top shape and would require repairs or renovation before they can be used as residence.The reason why a lot of people prefer fixer uppers over other types of foreclosure houses for sale is because these residences are offered at very low prices and they provide buyers with an option of renovate them into something that they really want. Fixer uppers are usually old homes located in quiet neighborhoods.Duplex structuresA duplex is a residential property commonly comprised of two segments on two floors. These houses can be used by two families living separately on each floor. They can also be used as one unit for a single family, with an indoor staircase used as access point for both floors.Duplex structures are favored by multi-family buyers and big families. The good thing about them is that they are not exactly offered as two units, so the price can be a bit higher than a single family home, but is usually not equal to the price of two properties. The price, of course, would depend on the location and the make-up of the property.There are other types of foreclosure houses for sale, but these three are the most common types that buyers will see in foreclosure listings. Families looking for a home will be better off if they chose any of these three types.
