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Home foreclosure tour a success

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Saturday's foreclosure tour is helping get foreclosed homes off the market. Over the weekend 65 financially qualified buyers met with a couple of local realtors to tour 13 foreclosed homes in Carolina Beach. Since the tour, 10 people have moved toward buying a home. Realtors expect to have 8 of the 13 foreclosed homes sold within the next few weeks. With each sale, at least 10 local professionals are put to work. "You have a home inspector, a termite inspector, the mortgage company, the underwriters, the processors. So one closing generates a lot of income for other professionals in the market place," said Faye Brock of Century 21. Realtors say the tour was a huge success. Some potential buyers say they want to buy now because many of the homes cost half of what they did in 2005. 30 people want to take the next foreclosure tour through Brunswick County in January.

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