Marie, You need to contact a local agent that you feel comfortable working with and then schedule to see this home and others that fit your needs and wants. You can work with someone other than the listing agent for this home (or others). Foreclosures are generally coming with an" as is situation" and may not be the great buy that they are perceived to be. Do not rule out privately owned homes as there are some great houses with very fair pricing in that division.

Marie,
If you plan on buying one of these properties, you really need to work through an agent. If you want to check out the HUD houses, you can check through the HUD website here:
http://www.tenmanagement.com/listings/state.do?code=IN

If the home you find on another site is not there, then its not available or it might be a non hud foreclosure, in which case you would have to sign up on Realty Trac for more information.

Good luck
Jody

Hi!

Foreclosed properties are, unfortunately, not always taken care of with the tlc an agent would. We make sure the buyer gets all their needs met and more including things like pictures. A lot of banks that are handling these foreclosed properties do not have the where with all to do the marketing.

The long and short of it, there is a reason why Realtors get paid. We work hard for our commission. Also, foreclosed properties are not always the perceived good deal people think they are. In this market, many homes were financed for more than they are now worth. So, having said all that, I don't know where you are looking for properties, but, if you want to live in Northern Florida I practice real estate there and would be happy to help. ..Xcellence Realty. mweiss@xcellencerealty.com

Determining a good price on a foreclosure is very tricky; a low price isn't necessarily a good one (in fact it's usually the opposite; if a bank puts a low listing price on a property, huge red warning flares should go up in your mind). Buying foreclosed (REO) property is somewhat complex. If you are serious about it, you will want representation. The odds of getting burned on a transaction increase GREATLY when dealing with REO's (foreclosures) and it is a fool's game to go it alone. I'm not a big fan of gambling, but if you want to risk your money, the odds are better with the lottery than with buying foreclosures without representation. Even with representation, you will want to get educated about all facets of this area of the real estate world. A good REALTOR will be faithful to educate you and help you with this process, as well as representing you.