"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Buying a foreclosed home can be a great way to purchase a house at a discounted price, whether you’re ...

With home prices near all-time highs, many would-be buyers have been priced out of the market. For them and anyone else looking for a potential bargain, a foreclosed home could be the solution. For ...

Buying a foreclosed home can be a good way to score a deal while hunting for real estate. A foreclosure is a house whose owners were unable to pay the mortgage or sell the property. As a result, the ...

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It’s hard out there for home buyers, with inventory shrinking, prices rising and 30-year mortgage rates at 21-year highs. Competition for turnkey homes is especially stiff, pointing a swath of buyers ...

Buying a foreclosure at auction can be a great deal, but success requires plenty of preparation. These deals have some risks — limited inspections, tight deadlines, among other things — so considering ...

Buying a foreclosed home is a little different from buying a typical resale property. • In many cases, only one real estate agent is involved. • The seller wants a preapproval letter from a lender ...

While you can find foreclosed properties for 5-10% below the market value, when you know where to look, you can find houses well below market value, sometimes in excess of 40%. Even when you invest in ...

A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

Foreclosed homes sold for an average of 28 percent less last year. March 4, 2011 — -- How would you like to knock tens of thousands of dollars off the price when you buy a home? You can do just ...

Are you ready to take the plunge and buy a home? If you answered yes, you may be considering buying a new home. Have you thought about buying a foreclosed home instead? Motivated sellers, increased ...