Ed and I have sold tons of foreclosures this year and many were actually in pretty good shape just a little carpet and paint. Many 1st time buyers, even some from Trulia. Yes, it is true many are in bad shape but we will work with you very closely to help you identify the one right for you in terms of work and value. As mentioned there are also many private sellers that need to sell that may be priced well, especially now with winter coming.
Visit our site below and go to our Advanced Search (right side) where you can receive access to the same info we use and search like an agent. Receive daily updates and view homes by your criteria, even just bank owned. Or view by address, MLS#, school, subdivision, zip ect. Look forward to hearing from you Liz.
I am experienced with bank owned home sales, but like Chris said don't just limit it to bank owned homes. Feel free to send me an e-mail or call if you would like further assistance or have any questions. Good luck
I do not recommend a foreclosure for first time home buyers unless you or someone in your family has construction knowledge and is willing to make required repairs within the cities time frame.
There are many short sales available, these will include phrases like "subject to 3rd party approval" you can look for these on Trulia or http://moveinmichigan.com the public version of the MLS.