Foreclosed homes can seem like a great opportunity to save money on a home purchase, but be sure to investigate so you understand the risks. There are a few different ways to purchase a foreclosed ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive ...

The opportunities have expanded, and the process has gotten easier Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news.

If your business has real property that is in foreclosure, generally accepted accounting principles, often called GAAP, require that these assets be disclosed separately in your accounting records.

Foreclosed properties are often sold at a significant discount, but they're sold as is. You can find foreclosed properties for sale on online listing sites or in your local newspaper. Foreclosures may ...

Foreclosed home are usually sold "as-is," meaning the foreclosing institution won't make major repairs. What they will do is hire a contractor to clean the house and make it presentable, and that ...

Foreclosures occur when a lender takes back a property from an owner who has defaulted on their mortgage payments. Buying a foreclosed home can offer good value, but it also comes with a complicated ...