"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 ...

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 ...

Foreclosures occur when a lender takes back a property from an owner who has defaulted on their mortgage payments. Buying a foreclosed home can offer good value, but it also comes with a complicated ...

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 ...

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 ...

In recent years, foreclosed homes have gained popularity among buyers looking for more affordable entry points into the real estate market. Whether you’re a first-time homebuyer, an investor, or 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 ...

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With so many foreclosed homes on the market, you may be thinking about buying one. But buyer be warned, it can be a risky purchase. More than 2.3 million homeowners faced foreclosure proceedings last ...