How to find home to buy that are on foreclosure

vvjames1 · Post by **vvjames1** » Thu Sep 16, 2010 11:43 am

With interest rates at record lows and the stock market looking too perilous for small investors, many people are putting money in an asset they understand real estate.

Investigate the advantages. Since a bank or other lender wants to recover as much of its investment as quickly as possible, foreclosed homes are often unloaded at significant discounts upwards of 30 percent or more.
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GutsyGibbon · Post by **GutsyGibbon** » Wed Sep 22, 2010 9:17 pm

Realtors try to play down short sales. As these take a longer time to close. Especially if the current owner/resident has more than one loan, and the process in the bank could take long. Buying a foreclosed home - fully owned by a well known bank is straight forward and quick. Some realtors specialize in just foreclosures and short sales.