There are many things to consider when purchasing a foreclosed property.
Homes are typically sold AS-IS with NO REPAIRS being made by the seller.
In addition, sellers will typically NOT pay any of your closing costs which can amount to thousands of dollars.
However, there are also many opportunities to purchase a home at under market value .
If you are interested in purchasing a foreclosed property, please contact me so we can discuss the advantages and disadvantages in more detail.