Foreclosed Homes Search?

Hi, I'm actively looking for a house, to rent or buy. Just poking around on Yahoo! Real Estate and other sites, I see what look like incredible deals on Forclosed Homes, but the information is very limited. I'd be a first time home buyer and so I know little about the home buying process in general, but what would be the best way to go about getting more thorough information on these houses!? Are the deals you can get on a foreclosure really as good as they let on?





And how does this work exactly? Do you have to bid on a foreclosed home at a specific date and time or can you just make an offer? If so, to whom would you make the offer? Thanks!Foreclosed Homes Search?
Drock,





If it were me and this being your first real estate purchase I would employee the services of a Real Estate Agent. Foreclosure are purchased no differently than a independent sale except the bank is the owner making the decision. When buying a foreclosure it is important to make sure he condition of the property is equal to the value. Just because it is a foreclosure does not make it a good deal. The agent could value the property for you. The one thing people forget or maybe they don't know is that a Real Estate Agent is paid by the sell not the buyer. It is in the buyers best interested to have a Real Estate Agent as there representation when buying. Contact and agent in your area that can help you with this. If you don't know any ask your friends and family of call me directly and I can put you in contact with an agent in your area that will be able to help.





Good Luck,





Michael Garner


Keller Williams Realty


774-259-0487Foreclosed Homes Search?
Have a look at http://www.buyforecIosure.com