Interested in fixer uppers and homes that need work? Well foreclosures are the ticket in this market for a great deal, if you can handle a few repairs and some painting. 
Do you have some cash in a IRA or money market that you need to put to work? Then you should consider making high returns in buying foreclosed property, that you could fix up and flip. It is a little kept secret that you can use IRA funds for real estate purchases. Just follow the rules, and grow your IRA.
Foreclosures hit the market slowly. First, a sign may appear in the window. Then a month later a for sale sign will be placed in the yard. By this time, bids are being placed through the real estate broker. If the bank receives a bid high enough, they will take it. Banks do not like to hold property, they want to unload them as soon as possible. You never know what the bank will take on a property, you have to make offers.
Successful investors do well in buying foreclosed property. They know who to contact and when, to get tips on the newest foreclosures to become available. They make the offers, get them accepted, and flip them for great profits.
To get a list of foreclosed properties in the Montgomery Alabama River Region area, then you can check out http://foreclosure.riverregionhomeinfo.com/ . This website has good information on the local real estate market, and foreclosures. You can even find out how you could get inside information on those great deals, before they are picked up by other investors.