Great answer Laura, but I'd also like to add when making an offer to purchase a foreclosed home, a pre-approval or proof of funds is necessary, so be sure to have that available. We have some great investment properties in Lake Charles that are not repos with very fair prices. The sellers may be willing to negotiate the listing price. Please visit our web site at inglesafari.com to view all the listings in the Lake Charles and surrounding areas, including the repos. Please email me with any questions. Thank you. firstname.lastname@example.org.