The group will focus on houses foreclosed during the subprime mortgage crisis, priced at RMB250000-700000.

购房团重点看的房子基本都是受美国次贷危机影响的断供房，售价在人民币25万元至70万元之间。

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"We have all these people in America who need lawyers - their houses are foreclosed, they have consumer debt," he said. "they can't get a lawyer."

美国有很多需要律师的人——他们的房子丧失了抵押品赎回权，他们有消费债务，他们雇不起律师。

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Guevares did his homework before the event, checking out three foreclosed houses listed in a catalog.

CNN: For one man, foreclosure is a shot at his housing dream

And the people who bought those foreclosed houses from the bank might not actually own the houses they paid for.

FORBES: Where Is The Housing Recovery?

Banks and other lenders were unloading foreclosed houses, and they were selling at 50 percent to 60 percent below their highest values.

CNN: For one man, foreclosure is a shot at his housing dream