Foreclosure Buying Process

What's Next?
Once you’ve identified a property that is of interest, simply follow the steps below to keep the process moving forward.


1. Get Financing
When purchasing a foreclosure property, saving time is critical. If you are pre-qualified with a lender, you’re able to move more quickly to buy properties at auction or from individuals in pre-foreclosure.
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2. Contact The Owners
Be the first – and perhaps only – person to contact the owners directly. We offer a postcard program that, for a nominal fee, puts you in direct contact with the property owners. The postcard is a friendly note that conveys your interest in buying the property. And, since the cards don’t mention foreclosure or trustee sale, they are set apart from bill collector and legal mailings.
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3. Contact The Agent
Many people prefer to have a real estate professional contact the owner and negotiate on their behalf. Your name, contact information and contact preferences will be sent to the agent. You’ll also be sent the agent’s name and contact information.
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4. Evaluate The Property
Use our online tools to help you estimate property value, liens and repair costs. Our tools enable you to check comparable sales, check the MLS for comparable listings, identify liens and calculate a deal summary.
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