Very exciting news for foreclosure investors. Foreclosure investing is about to get some major basic-cable television exposure this fall. The same folks who brought us The Biggest Loser will be delivering six episodes of their new soon-to-be hit, Flipping Foreclosures, into your living room via Spike TV. This won’t be the testosterone-centric network’s only real estate investing-based program on the air this fall. They’ve also ordered seven episodes of another show entitled Flipped, which follows home flippers around Houston, Texas.

Flipping Foreclosures will be set in Salt Lake City, Utah and, according to Tim Duffy at Spike TV, “the heart of the series is our enterprising, ambitious hosts who look to persevere in the financially precarious world of real estate.” Spike TV has recently hit the ratings motherlode with its two new reality series Coal and Auction Hunters. With any luck Flipping Foreclosures will score big viewership numbers and jump-start the housing market at the same time.

Foreclosure Investing in Reality

Late-comers may find the glitz and glamour of foreclosure investing as presented on television an irresistible proposition, if history holds true. Pawn shops have never been as palatable and profitable as they are now with multiple basic-cable television shows devoted to them. Amazingly, there are at least two television shows on basic cable whose sole focus is on people who buy the contents of abandoned storage lockers. Auction attendance numbers and sales figures have never been better at your local storage center’s monthly sales events.

Foreclosure investing and flipping is about to go viral and nuclear. Savvy real estate investors have been buying foreclosures with gusto in 2011. The majority of these property investors have been paying cash for foreclosed homes and have elected to hang on to the properties in expectation that housing prices will rise. Major, mainstream media attention and multiple television shows can only help improve valuations, with any luck.