Are you a savvy shopper looking to purchase a new home? If so, you should consider foreclosures–they're a great way to get a house on the cheap if you're working with a limited budget. So if you ...

Michael Lappano knows a home bargain when he sees one. Last year, the Bellevue, Wash., real estate agent purchased a condominium for only $255,000 (including an outstanding lien). That's $65,000 less ...

Buying a foreclosed home can be a good way to score a deal while hunting for real estate. A foreclosure is a house whose owners were unable to pay the mortgage or sell the property. As a result, the ...

When a homeowner goes through foreclosure, it's because he was unable to successfully make payments on his mortgage or property taxes. While it seems like buying a foreclosure must be a simple process ...

Foreclosed houses are everywhere you turn in this market. But while their sticker prices are low, buying one can be a risky endeavor. This is mainly because you won't have the same protections as you ...

If your own housing is secure—knock on wood—you may have been watching all these bargain-priced foreclosures from the sidelines, thinking that because you’re not in the market for a new home, you ...

Here’s more from a recent survey by Trulia.com and RealtyTrac on how people view buying a foreclosure. I think some of the confusion stems from the fact that the term foreclosure is used in different ...

Just about any investor who dabbles in real estate at one time or another has gotten big eyes at the mere mention of foreclosures. It is an almost magical word that implies bargains with quick and ...

As bank repossessions continue to mount, it's a question that is being asked more and more often. The answer is, foreclosures are available and reasonably priced - but don't expect a screaming deal.

Anthony Jackson, a second-grade teacher in Chicago's metro area, says the key to buying a foreclosure is to "strike early once you see the listing" and "don't bid too low." Jackson bought a bank-owned ...