Five tips on buying a foreclosed home

1. Finding one has become easier
You don't need to show up at courthouse auctions or comb through legal filings. These days many banks sell foreclosed homes through real estate agents.
To find listings, look on sites that specialize in foreclosed properties, such as and The local multiple-listing service often has selections as well. (The fact that the home is in foreclosure is not always highlighted in the MLS,