Foreclosures for $1 Million & Up

When we hear the word "foreclosure," the majority of us think of dilapidated, run-down, undesirable properties. But in reality, some of the finest mansions and estates in the USA are up for grabs because their owners have defaulted on mortgage payments. And while these posh properties will likely command million-dollar prices because of their grand and impressive features, many of them will come with a King's ransom of built-in equity, ready to be tapped.