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Advantages of FORECLOSURE's at this time?

Present days are the most ideal for investing in or buying properties under foreclosure as many properties are coming for sale these days due to obvious reasons. Each one of us wish and are very certain that the days are not far off when the global economic situation improves to such an extent that it will out beat all our previous proven records. Once the situation improves globally, these investments will fetch prices much more than one can estimate at this time. While the real estate properties take longer time to fetch good investment returns even in the improved scenario due to their being in under developed or developing localities, properties under foreclosure will fetch much better rates faster as they are normally situated in developed localities. Those who buy foreclosure properties now can be a potential competitor to the real estate dealers when the real estate markets reach better heights.