There are at least three people in this valley. One is Dott(i), don't know her last name. She teaches classes on this. You usually find her at the home show doing seminars. Go to the Chelan county court house steps on fridays, between 9&11. They sell auction properties, you can get some good answeres there. There is a guy that buys most of these properties for this reason. The other is a realestate agent that specializes in selling bank owned homes. Her website is debraw.com she is with coldwell banker. good luck

Ruth is right....

I work with Foreclosures and Short Sales from time to time..., and its a TON more paperwork, time and effort. Worst of all is that maybe less than 5% of the offers put in get accepted and go to closing, IMHO. Some of the investors I have worked with in the beginning wanted me to put in a lot of LOW BALL offers and hope that one will "stick" or be accepted. Each contract can be 25-30 pages long and the Banks have their own strict terms and Addenda to fill out. The investors I work with now realize how to play the game and we do stratigy sessions, work out what the best overall plan will be and make them an offer that is reasonable, yet it must pencil out.

Its possible that a raw new Agent that is hungry will work with you the best, but be aware that if they show you a lot of homes and/or write up a lot of offers with no sale... they will most likely burn out. The older, seasoned and savvy Agents will tell it like it is and work for you with skill, but do not want to spin their wheels to get one sale when they could have had five sales in the same time period. In the end its just business.

Best regards,
-Don

The work involve with foreclosures is often far greater than regular homes. As a buyer, you are better off having the agent looking out for regular listed undervalued properties with motivated sellers. In that case, the seller pays the commission. Interview some local agents and find one that you feel you can work with.
Ruth