For many home-buyers, find a cheaper home is important. Many look to homes that have been foreclosed or are on the market at a discount to get it sold quickly (known as a Short Sale). Sometimes these homes can be fixers that need a coat of paint or carpet, others need more work.
Once very common (remember 2008 to 2011?), foreclosures continue at a more normal pace these days. When possible, lenders will avoid foreclosing by working with the borrower(s) to do a Short Sale. The process to buy the home is similar to that of a normal purchase with the lender making all the decisions normally made by the occupant/home-owner.
You can get the latest information on these homes as they become available together with home loans that are specific to homes that need remodeling. Start by scheduling a phone conversation: