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In order to find instructions on how buy foreclosures, one can check several sources. In the bank, they can offer professional advice, and on internet one can find some tips.

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Q: Where could one find instructions on how to buy foreclosures?
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Where can someone find information on buying foreclosures?

One may find information on buying foreclosures through Bankrate. They have a list of tips and some guides that will help people learn how to buy and flip foreclosed properties.


How do foreclosures affect your credit?

Same as a bankruptcy There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure.


Where could one find information on how to buy a foreclosed home?

One could find information on how to buy a foreclosed home online. Some of the useful websites are Bankrate, Zillow, Wells Fargo, Kiplinger and Money Crashers.


Can you buy a foreclosed home with no money down and poor credit?

Unlikely. Sorry to have to say that because by the nature of your asking the question, I suspect you are wanting to make money by buying real estate foreclosures. At least here in Texas, when you are buying a house at a foreclosure auction, who pay for the house right there at the sale - cash or cashiers check. That is not quite 0 down. The people who tout make money with no money down are telling you to leverage or borrow from family members to get the money. You are just delaying the risk or spreading it around then. I have made money in real estate, but not in foreclosures. I invest and work with several businesses. I have a few articles that speak to these as well as my foreclosure experiences. I spent a year trying to buy foreclosed homes and gave it up because I could not find a deal that made sense.


How can one buy bank owned homes in the US?

If one cannot pay on their house, a bank will often foreclose on them. If one wishes to purchase a "bank owned home," one would best begin looking at their bank of choice's foreclosures page on their website.

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Where can someone find information on buying foreclosures?

One may find information on buying foreclosures through Bankrate. They have a list of tips and some guides that will help people learn how to buy and flip foreclosed properties.


Where are some good places one can buy foreclosures in Detroit?

There are a few good places one can buy foreclosures from in Detroit. One can get them from companies such as 'Trulia', 'Bank of America', 'Realtor' and 'Yahoo Homes'.


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