Rose Ann your best bet is to actually get a buyer broker who can assist you with your purchase, usually you can get a buyer broker at no cost to you, they get paid by the listing agent at closing a fee advertised in the mls. This way you will have someone who can provide you with a list of properties that meet your search criteria and assist you through each step of the buying process. The key is being able to jump on the properties as they are listed or when the price is reduced. A buyer brokers ability to constantly monitor mls will assist you in finding these. Good luck with your search.

There are some great buys on homes today. First you need to find a REALTOR and use that REALTOR exclusively. Let them know what you are looking for and to give you a call immediately when a home that meets your criteria comes on the market. When a home is priced very low you may have to deal with a multiple offer situation. This is when there is more than one offer on the home and the seller may ask for a "highest and best" offer from all who sumbitted offers. It is not unusual for bank owned homes priced below market value to receive offers over the asking price. So if you really want the home and there's a potential for multiple offers don't "low ball."

This home was never on the market...it could have been an inter family transfer. The home was never listed on the MLS.