The growing foreclosure market has given the hunt for property to purchase has a new face, these days. Realtors in California, Florida, Las Vegas, and other areas experiencing a high foreclosure rate are jumping on a brand new bandwagon, or in this case, a bus.

These realtors, such as the Keenan Carter Group in California, have put together bus tours to expose a large number of buyers and investors to several properties within the same area, all in one fell swoop. These tours do charge a fee for those who choose to register, but the homes viewed are offered at greatly reduced prices, so the small investment can pay off big.

Other realty groups are coming up with their own creative ideas to entice buyers to purchase homes in a market with an abundance of listings. One group in San Jose, CA, is holding a massive open house, with a large number of their listed properties open for inspection on the same day. Those who buy during the event will receive priority pricing, as well as additional incentives if they choose to purchase homes that are offered for sale during this open house.

Another great concept in home financing is equity sharing. This provides investors for a great chance for return on a real estate investment, while giving buyers with little cash on hand a chance to buy without having to finance the down payment through a second mortgage. The buyer who occupies the home will pay the mortgage and take care of upkeep, repairs, and improvements. Once the term of the agreement is complete, the home will be sold and the profits split, or it can be refinanced by the occupant, returning the investment and any equity profits to the investor. One investor, who also practices law, states that this type of investment can be highly profitable to all parties involved.