Everything you need to know about buying a foreclosed home, including where to find them, what they cost, financing, and closing the deal.

MoneyWatch How To Buy Foreclosures, Safely By Tucker Reals August 11, 2008 / 7:30 PM EDT / MarketWatch ...

If you’ve gone through a foreclosure, you won’t be able to jump right back into homeownership and get a mortgage. Because you ...

Buying with cash is the surest way to secure a property, but that’s not an option for most homebuyers. If you’re planning on using a loan to buy a foreclosure, you’ll want to prequalify and ...

“Buying Real Estate Foreclosures, Revised and Expanded,” by Melissa S. Kollen-Rice (McGraw-Hill, New York), 2003, $16.95 209 pages; available in stock or by special order at local bookstores ...

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 ...

And finally, if you're buying at auction, you need to have enough cash." To put it simply, buying a foreclosure is not just risky business, it's one gamble where the house doesn't always win.

Don’t buy in a market with too many foreclosed homes — no more than a few in any area. Also, regular maintenance likely wasn’t done, so there may be substantial costs beyond the purchase price.

Pre-Foreclosure: Buying Directly From the Homeowner You can make an offer to purchase a property when it’s in pre-foreclosure, when the lender agrees with the homeowner to accept less than the ...

There's more bad news for people trying to buy their first home in the Sacramento area. The inventory of foreclosures—which are typically discounted—continues to decline. And more investors ...