Touring Foreclosures For Real Estate Bargains

What's Hot


How a Mexican Tariff Will Boost the Cost of 6 Common PurchasesFamily

Report: Walmart to Begin Selling CarsCars

How to Protect Yourself From the ‘Can You Hear Me?’ Phone ScamFamily

Trump Scraps FHA Rate Cut — What Does It Mean for You?Borrow

This Free Software Brings Old Laptops Back to LifeMore

10 Overlooked Expenses That Ruin Your BudgetFamily

Protecting Trump Will Cost Taxpayers $35 MillionFamily

8 Creative Ways to Clear ClutterAround The House

8 Tuition-Free U.S. CollegesCollege

Study: People Who Curse Are More HonestFamily

Tax Hacks 2017: Don’t Miss These 16 Often-Overlooked Tax BreaksTaxes

The 3 Golden Rules of Lending to Friends and FamilyBorrow

Porta-Potties for Presidential Inauguration Cause a StinkFamily

12 Surprising Ways to Wreck Your Credit ScoreBorrow

These Are the 25 Best Jobs in the U.S.Jobs & Work

Foreclosure tours are new way to shop for real estate bargains, promising a quick way to find many real estate bargains at once.

Foreclosure tours are new way to shop for real estate bargains. The premise, you tour homes that are in foreclosure, pick out one you like, then negotiate with the lender and buy the house for less than market value. There are those who say this form of real estate amounts to a clever way of taking advantage of the home’s less fortunate former owners, but since these houses have already been foreclosed on, buying one might be nothing more than a good opportunity.

So, should you you buy a home that’s in foreclosure? Well, do your research. Remember that the home was foreclosed on for a reason… don’t let yourself be the next foreclosure. Just because something seems like a bargain, don’t expect to be able to sell it immediately, especially in the current real estate market. Like anything else, use good judgment and don’t get in over your head!

The one thing we still want to know is… Do you think this is ethical?

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!

💰🗣📰

Read Next: 6 Presidents Day Sales You Should Know About

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,844 more deals!