A lower price tag can come with a few extra strings attached.

Buying a home before it reaches foreclosure can create an opportunity to purchase a property at a competitive price, but the process comes with added risks and complexity. Pre-foreclosure homes may ...

* Only one real estate agent is involved. * The seller wants a preapproval letter from a lender before accepting an offer. * There is little, if any, room for negotiation. _ The home comes as-is, and ...

Real estate broker Billy Pritchard buys and flips foreclosed homes. Foreclosed homes usually come with a lower price tag, but a higher risk. It can be a great deal for those willing to take a risk and ...

Foreclosure is the legal process by which a lender terminates a homeowner’s right to their property after the borrower fails to meet their mortgage obligations. The lender, usually a bank or mortgage ...

Purchasing a foreclosed home might look tempting when you see the price tag, but it may not be as cost-effective as you think. A lower price up front might not mean savings all around. Often, ...

You're currently following this author! Click to unsubscribe from email alerts. Billy Pritchard loves a deal. The Lafayette, Louisiana-based real-estate broker, 46, found his niche buying and flipping ...