Have you ever purchased a home that was in foreclosure?

@snowy22315 (169940)
United States
March 10, 2016 8:53am CST
I want to try to sell my house and buy another one in foreclosure, if I can get a decent price for my house, and that is a big if. Have you ever done this or known someone who has? How did it work out?
2 people like this
2 responses
@LeaPea2417 (36438)
• Toccoa, Georgia
10 Mar 16
I have never done that.
@snowy22315 (169940)
• United States
10 Mar 16
Well foreclosures typically go for maybe 1/3 less than those on the open market, but the buying process is a bit complex to undertake.
@marlina (154166)
• Canada
10 Mar 16
No, never.