First-time buyer, curious about foreclosures
I'm looking to buy my first home at some point in the next few months. I see a ton of foreclosures in the part of the country where I wish to live, but don't know anything about that process (or really homebuying in general).
I see a lot of posts on here about how angry foreclosees and neighborhood thieves often strip these homes, so I know inspection is doubly important.
I wonder if these are the homes that can have multiple liens on them, and where I would turn or how I would be able to discover the full "credit baggage" of a home.
And won't a realtor have a particular incentive to be unhelpful to me if I'm shopping foreclosures, since the house is probably selling at a greatly reduced rate?
Thanks - input much appreciated!