Esta en foreclosure?

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Sign of the times: Westside Bubble posts on finding the 4-inch-by-6-inch card at right as a little windshield handout at a Home Depot.

We’ve covered this part of the story in bits and pieces, but never really in depth: A lot of the foreclosure activity in Southern California involves non-English-speaking immigrants.

The flier says in part, ‘I can buy your house from you today.’

With prices falling throughout the region, but prices still too high to make homes attractive as rental investments, we can’t imagine it’s a good time to be in the business of buying foreclosed homes. So we wonder what the catch is here.

Your thoughts? Comments? E-mail story tips to lalandblog@yahoo.com.
Photo Credit: Westside Bubble