"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 ...

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 ...

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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 ...