As mortgage rates fall and foreclosures rise, is a foreclosure something aspiring homebuyers should consider?

The housing market has been bonkers for long enough that some of us have lost all hope of ever owning a home. One possible alternative, though, is searching for a foreclosure: a property the lender ...

Buying a foreclosed home can be a good way to score a deal while hunting for real estate. A foreclosure is a house whose owners were unable to pay the mortgage or sell the property. As a result, the ...

A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

"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 ...

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 ...

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 ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

It is possible to get another mortgage after going through foreclosure. You must generally observe a waiting period after foreclosure before receiving another mortgage. Waiting periods vary by loan ...

It’s hard out there for home buyers, with inventory shrinking, prices rising and 30-year mortgage rates at 21-year highs. Competition for turnkey homes is especially stiff, pointing a swath of buyers ...