Canadian Funding Corporation is a little amused but also a lot concerned about the forces and the economic environment that has brought about the reality of home-buying on Ebay. We are speaking about $5,000 foreclosed houses and are wondering if they are really such a good deal.

With the current crisis in foreclosures, Canadian Funding Corporation has become aware that some buyers are in a hurry to buy these homes online. Some of them are being purchased for less than $5,000 using Ebay!

At Canadian Funding Corporation we want people to be aware that not all $5,000 homes are bargains. As the old adage goes, you get what you pay for! You could be buying nothing more than debt and nightmarish situations. When houses are available for such unimaginably low prices - on Ebay! - don't you think there might be a catch?

The areas in which these houses can be found are likely to be dangerous; the houses probably abandoned for many years. How much are you willing to pay for the renovations that you will likely have to suffer before you can safely take a step past the foyer? What police force - nay, what army - will enforce the law in the neighborhood that you would be subjecting your family to?

Take a look at www.AffordableHousingAuctions.com) to see what we mean. Canadian Funding Corp. has found this site to be useful for a wide variety of issues. Check it out.

Canadian Funding Corporation has absolutely nothing against Ebay. All we are saying is that we are living in interesting times. Caveat emptor!