How to Buy Foreclosure Homes: Beginners Guide

Along with giving you tips on how to buy foreclosure homes, this video explains the foreclosure process, the foreclosure laws and the benefits of buying a foreclosure to first-time homebuyers. Among these tips are pre-qualifying for a loan, hiring inspectors, running a title search and hiring a realtor. Depending on your state, the foreclosure process is either judicial or non-judicial. Judicial foreclosures require the lender to sue the homeowner before it can foreclose on the house. In states that allo