Can I Buy A Foreclosed Home Official

For REO and short sales, never skip the professional inspection. It’s your only chance to uncover "money pit" issues before you’re legally bound to the house.

There are three main stages at which you can purchase a distressed property: can i buy a foreclosed home

If a home isn't sold in pre-foreclosure, it often goes to a public auction. These usually require cash or a certified check on the spot. You typically cannot inspect the interior before bidding, making this the riskiest option. For REO and short sales, never skip the

Is Buying a Foreclosed Home Right for You? A Guide to the Process For REO and short sales