This should give you a general idea about REO/Foreclosures and links to foreclosure laws in all 50 states ......
The Banks and Gov. maintain Databases of their properties for sale and make these Databases available to the public to use for Free. The Databases contain asking price, address, property description, sometimes photos, listing agent/contact info and information about the purchase/bid process. Bank and Gov. property for sale (REO/Foreclosure) sites like these........http://www.wamuproperties.com/
http://reosearch.fanniemae.com/reosearch/ ..........http://bankofamerica.reo.com/search/ ....
You can find the links to these Bank/Gov Databases and more at these sites..
Hope this helps a bit, Dunes
Make sure you have some inspect the property that you want before making any offer to assure you are aware of what you are purchasing.