Buying foreclosed properties are the same as buying homes the old-fashioned way. Find a house you like, make an offer, do a little negotiating, get a loan, and move in!
You should look for Bank Owned or REO (Real Estate Owned). Folks use both of these terms to me a property that has been thru the entire foreclosure process, no one bought it at the courthouse steps and now the bank owns it.
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http://www.InteroRealEstate.com/JBateman. When setting up a search, select 'Bank-Owned/REO' under the 'Additional Listing Info' box.
Contact me for assistance.
- Sat Aug 2 2008, 16:49