I often get asked by people what I think about foreclosure properties, sometimes they can be a good deal- other times, I wouldn't even consider them. Each property is a case by case story. Can it be positive in the end, sure, but you need to know what you are getting yourself into. Many 'distressed' properties come with a label of "as is where is", keep that in mind when you look at them. The bank will more than liekly not fix any defects in the home prior to the sale. Also keep in mind, that if you are looking for seller paid closing costs- this might not be the right route for you to go. Read the attached article for more information on forecloures and see if it sounds like the right thing for you. If you have questions, as always, Is a foreclosure property right for you? please don't hesitiate to call.