Foreclosure Help

Is there a catch when trying to purchase a foreclosed home? What is the process that I need to go through?

My husband and I just put a bid on a foreclosed home (this is the first foreclosed home we’ve ever bid on) on Tuesday. It’s now Thursday and we have heard nothing. The house has been on the market for a while, so I thought we’d hear back quickly. Usually on other homes we’ve bid [...]

We put a offer in for a foreclosed home, 2 weeks ago. We still have not heard anything yet. The list price on the property was 72K and we offered 65K. This property had been on the market for nearly 200 days. Just wondering when we should let go of that [...]

I saw a specific foreclosed home that I was very interested in on multiple foreclosed websites. I found the Realtor selling the home, then when I checked the website for the Realtor’s listing of the home she had the price $60k higher then on the foreclosed websites that I had seen.