Upcoming Foreclosures

How do I buy foreclosures directly from the government?

Do you have to be a real estate broker or agent (and have brokerage license) in order to buy directly from the government? What prices can I expect on foreclosures in our declining economy? I don't want to pay anything higher than expected in our current economy. Where can I obtain the foreclosure listings and other info for free? Please direct me to a proper website that explains all this. Thanks.

Public Comments

1. Bring cash! http://www.bidselect.com/
2. Keep checking foreclosure website, there's a fee most of them.
3. A small percentage of the foreclosures are gov. owned and actually that would be by the federal housing association. Most foreclosures are bank owned. Contacting banks will give you information on foreclosures and short-sales.
4. You have to have a Realtor. Prices are based on current market value, usually based on taxes or a Current Market Analysis. Be careful of your web searches, get a reference from someone you trust. A lot of vultures out there right now, even at good prices today, you could still get stiffed.
5. ask ur mom.