If you are interested in acquiring a bank foreclosure home, there are many opportunities to buy a home for much less than the selling price. Many people are fortunate enough to buy a home for $0.70 on the dollar. You can contact the County Clerks office of the area you are interesting in buying a bank foreclosure home or you can go online to foreclosure.com and type in the city and state you are interested in.
When you plug in the city and state and click “go” you will be taken to a page with all the bank foreclosure home listings in and around that area. You can also contact the REO (real estate owned) department of your local bank to obtain a bank foreclosure home list.