You have chosen an excellent time to purchase a foreclosure. There are many avenues of going about this process. Different ownerships have different rules and risks. Most foreclosures will require cash becuse of the condition of the house.
Please drive by the properties that you may be interested in as soon as possible. That way you can see house and entire area all at once.
To submit a cash offer on any property, you will need to obtain proof of funds from your financial institution. Note that your proof of funds cannot be older than 30 days. Having that available quickly, will assist us with submitting offers quickly. The good ones go fast. Additionally, you will need to have a minimum of $1,500.00 readily available. $1,000.00 minimum for your earnest money deposit which will be credited towards your closing costs.
You have chosen an awesome time to purchase real estate. Do not hesitate to contact me with any questions or concerns.