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Naomi
Naomi
Home Buyer
Brooklyn

how do i buy a foreclosure?

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Brett Dunne
Brett Dunne
Real Estate Pro
Rancho Cucamonga
Sun Feb 10 2008, 21:14
FIRST ANSWER

Hi Naomi...Great Question.

A house that has been foreclosed has, as a norn, a bank as its owner. They are normally listed as any other sale, in a local MLS. Almost always a Realtor is representing the bank in the marketing of this foreclosure.

Here in Southern California our MLS has as a criteria field "REO" and we can pull up foreclosed properties in a given area. Ask a local Realtor, they can assist you in finding what you are searching for.

Good Luck!

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