New investors often worry that there will be too much competition for short-sale foreclosures, but we are here to tell you that there will always be distressed home-owners, for whatever reason, who need your help! There are millions of foreclosures each year in the United States. There is also an equal number of divorces, bankruptcies, probate situations, layoffs, reloca¬tions, and illnesses. The list is endless. We try to buy directly from the distressed homeowners when possible, because it saves them from a final foreclosure on their credit report: however, don’t overlook the hundreds of thousands of bank-owned properties. The banks are inundated with foreclosures and will be for years to come.