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 ...

"Hearst Magazines and Yahoo may earn commission or revenue on some items through these links." Buying a foreclosed home can be a great way to purchase a house at a discounted price, whether you’re ...

As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?

The housing market has been unusually hostile for a while now. High interest rates combined with low inventory have made it especially challenging for prospective buyers to get what they want/need in ...

To say it's a tough time to buy a home would be an understatement. Not only are mortgages expensive due to elevated rates, but home prices are up on a national scale. In April, the median previously ...

It is possible to get another mortgage after going through foreclosure. You must generally observe a waiting period after foreclosure before receiving another mortgage. Waiting periods vary by loan ...

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The prospect of purchasing a house from foreclosure might seem daunting and unfamiliar to many. However, buying a home through this process can be a lucrative opportunity for those looking for a great ...

Will I get a better deal if I buy a foreclosure or short sale (a short sale is when the lender agrees to accept less than what's owed on the mortgage)? Lots of my clients ask me these questions or ...

Buying a foreclosed home is a little different from buying a typical resale property. • In many cases, only one real estate agent is involved. • The seller wants a preapproval letter from a lender ...