Homes "in foreclosure" can mean different things. You might be referring to properties that are going to auction, REO's (bank owned), short sales, or even homes that may be foreclosed on in the next 3-12 months due to delinquent payments.
It is possible to buy a home in any of these stages, but the process would be different for each. Let me know if you would like some more details.
All the best,
Michael Kim, MBA
DRE no: 01820612
Direct: (714) 337-1531... more