"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 ...

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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 ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development. Doretha ...

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 ...

anely Sandoval’s calling to be a pre-foreclosure peacemaker started when she was in high school. “My mom and stepdad went into pre-foreclosure,” said Sandoval, a real estate agent and investor who ...

Though buying a home after foreclosure can be more challenging and will require you to jump through a few more hoops, it’s definitely still possible. “Be patient and partner with a lender and agent ...

Buying a foreclosed home can be a great way to purchase a house at a discounted price, whether you’re looking for a primary residence, a second home, or an investment property. But there are risks to ...