It’s no secret that foreclosures often offer buyers and investors significant discounts on home purchases.

Today, the brainiacs at Massachusetts Institute of Technology (MIT) and Harvard proved it with 12 years of research, revealing that “foreclosure reduces the value of a house by an average of 27 percent.”

MIT economist and study author, Parag Pathak, was surprised with the “large” finding.

Here’s a snip:

“It’s not surprising that there is a discount due to foreclosure. But it is surprising that it’s so large.”

Probate homes, which are those sold after the death of an owner, save buyers about 5 to 7 percent on average. Bankruptcy homes, meanwhile, reduce prices by about 3 percent.

Keep in mind that these are all averages, meaning that you can likely score even greater deals with a quick search on Foreclosure.com.

But we doubt that you would mind nearly a 30 percent discount (at the very least) on your next home purchase.

… and we’re going to tell you how to buy them at huge discounts for FREE during an upcoming online real estate training course!

“Make a Fortune with Government Home Foreclosures” will take place on Tuesday, April 29 at 4 p.m. ET. To catch the LIVE 60-minute FREE presentation CLICK HERE.

The government is selling homes right now at HUGE discounts — learn how to make a real estate fortune buying and selling them with proven investment tips from our resident real estate pro, Glen Daniels. This is an opportunity to make — or save — thousands of dollars with government-owned United States Department of Housing and Urban Development (HUD) and Veterans Affairs (VA)-owned homes.

HUD and VA foreclosure homes are often sold “as-is,” meaning that there are amazing opportunities to be had for those who know how to find, analyze and make offers on these potential steals.

Glen will show you how and also teach you how to:

• Find out everything you need to know about HUD and VA homes
• Learn how to buy homes direct from the government
• Discover the reasons other buyers miss these great deals
• Learn an easy solution to locate these great buying opportunities
• Get VA financing even if you are not a veteran
• Find and work with real estate agents who specialize in HUD and/or VA homes

It’s time for you to learn how to cash-in on the largest source of foreclosure properties in the nation … for FREE!

Register for “Make a Fortune with Government Home Foreclosures” now to get in on the real estate action before it’s too late! CLICK HERE, class sizes are limited.

Webinars are LIVE educational sessions that let participants see, hear and interact with real estate experts right from their personal computer screens. In fact, Webinars are driven in part by visitor feedback and questions that are posed during the sessions. For more information and course offerings click here.

Location: Lancaster County, Nebraska
City: Lincoln
Price: $130,500
Zestimate: $163,671
Difference: $33,171

This two-bedroom, 1.75 bathroom home is located just outside where all the action takes place in Lincoln. It’s also a U.S. Department of Housing and Urban Development (HUD)-owned home. HUD auctions its Real Estate Owned (REO) properties via sealed bid. Contact the real estate agent to view this HUD foreclosure property and to submit a sealed bid.

Note: other comparable listings in this neighborhood range from $128,529 up to $177,568. For more property details or to speak with a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

Location: Benton County, Arkansas
City: Siloam Springs
Price: $107,000
Zestimate: $117,071
Difference: $10,071

Note: Other comparable listings in this neighborhood range from $110,071 up to $159,127. For more property details or to talk to a local real estate agent/broker about this listing CLICK HERE.

There aren’t many deals we pass along from “The Natural” state because we have so many others that have more profit potential. This property, however, is a classic two-bedroom and two-bathroom home set on a nice plot of land. It’s also a U.S. Department of Housing and Urban Development (HUD)-owned home. HUD auctions its Real Estate Owned (REO) properties via sealed bid. Contact the real estate agent to view this HUD foreclosure property and to submit a sealed bid.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.