Photo by Alexander Stein via PixabayIf a home is in foreclosure, you can buy it for less. Great deal, right? It can be, but there are pitfalls, and you need even more caution than in a regular real estate transaction. Stages of Foreclosure Foreclosure can take months or even years depending on the regulations of the specific state,...

Photo by Alex D'Alessio on Unsplash Purchasing a foreclosure property is a great opportunity to own a home at an extremely affordable price. While many people successfully buy foreclosed homes and are happy with their decision, before making this large financial commitment, it’s a good idea to understand what you might be walking into—before you buy. Homeowner Left...