5 tips on buying a foreclosed home
5 tips on buying a foreclosed home
Sure, there are great real estate deals to be had, if you know what you’re doing.
(Money Magazine) — 1. Finding one has become easier
You don’t need to show up at courthouse auctions or comb through legal filings. These days many banks sell foreclosed homes through real estate agents.
To find listings, look on sites that specialize in foreclosed properties, such as realtytrac.com and foreclosurepoint.com. The local multiple-listing service often has selections as well. (The fact that the home is in foreclosure is not always highlighted in the MLS, but it’s often mentioned in the description.)
