If you are looking for a fixer-upper or just a good deal, foreclosed properties can provide great returns on your investment dollars. Beth has ten years experience helping real estate investors buy and sell properties. Every foreclosure, regardless of type, is listed for sale by an agent on our multiple listing service (MLS) agent site. We can select foreclosures by bank type, exclude or focus on short sales or pre-foreclosures, and add over 300 other unique criteria. Using a REALTOR to help you scout properties and make offers is critically important to your success in getting the best property for the best price. There is more risk involved in purchasing a foreclosed home from a bank but there can be more reward as well. When making offers be sure to read the special addendum carefully for additional buyer requirements or buyer protections that have been eliminated. They are different for every bank and these addenda replace the NC Offer to Purchase and Contract so make sure you and your agent understand what is required. All bank foreclosures are sold through a bid process so expect multiple offers. There is a very short window for inspections and appraisals and your earnest money might not be refundable. A public site Realty Trac has some good statistical and “how to” information, but it costs a fee to get all the information and the inventory can be stale-dated. Best advice – use an experienced REALTOR to help you.