O'Reilly logo

The Complete Idiot's Guide to Buying a Home by Peter Richmond

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 11
Foreclosures, Auctions, and Short Sales
In This Chapter
• Finding a deal on a home
• Foreclosure listings
• Buying from the bank
• Going once, twice, sold—buying from an auction house
• The pros and cons of short sales
When you buy clothes, do you visit a luxury retailer and plunk down mounds of your hard-earned cash for a great suit or a perfect dress? Or are you the type of person who shops discount racks at the local department store? Maybe you’re even the type of person who visits vintage thrift shops hoping to find a great article of clothing for a fraction of the cost.
You can compare buying a home to buying clothes. You can pay full price at the luxury retail store, or you can look for that same dress on the rack at the thrift shop. ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required