"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 ...

With home prices near all-time highs, many would-be buyers have been priced out of the market. For them and anyone else looking for a potential bargain, a foreclosed home could be the solution. For ...

Purchasing a foreclosed home involves buying a repossessed property at a reduced price with the help of a real estate agent and submitting an offer to the bank. The real key to successfully buying a ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Will Baker is a full-time associate editor at Investopedia. He has over a decade of ...

Foreclosures occur when a lender takes back a property from an owner who has defaulted on their mortgage payments. Buying a ...