Many of the "foreclosures" listed on sites such as Trulia actually aren't for sale yet. They are properties where the foreclosure process has been started but not yet completed, which can take a year or more in some states.
Try contacting a local real estate agent in your area who specializes in REO properties for assistance.... more
You will have to do your own research. Realtors and lenders cannot answer this question because it violates Federal and State Fair Housing laws. All you will get is published information or websites you can go to.
So start spending time in the neighborhood and see if it meets your qualifications.... more
There is no better or easy way to say it your home will be auction off to have that debt paid in full and you and your family will be removed from the house. But it will have go through a process it usually takes 45 days for the new owner to re I've the deed and then a 30 day eviction notices has to be given to you and filed at the courts after the 30 days you are still there which I pray you will not be there a writ of eviction which is 5 days will be filed by the new owner and then a Constable will be knocking at the door with the new owner ready to put you and all of your personals on the side walk.... more
Foreclosure takes a long time, auction dates are postponed for many reasons and even after the action takes place and the bank takes back the home (because they are almost always the high bidder) they do not evict right away I have seen people stay in their home for as much as 3 years.
Buy a home after foreclosure, short sale, deed-in-lieu-of or bankruptcy expert
Helping families.people that have lost their homes get back into another in as little as 6 months... more
Like in the above answers, I suggest you talk to the seller. Be honest about your situation and see if something can be worked out. If not call an attorney. Look in the phone book for a real estate attorney. Also, Neighborworks Waco may have a program to help you. They have foreclosure prevention sessions where you can sit down and talk to a counselor one on one to see what you might qualify for. Their number is 752-2147 or www.nw-Waco.org. Please call me if i can be of further help.... more