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Message: [QUOTE="AgentOrange, post: 219121, member: 19552"] 2B, I am in the mortgage industry and I have noticed lately that foreclosed homes seem to be selling closer to market value, at least in the kc market. One thing to keep in mind when buying a trashed out foreclosure is that it still has to be in "average shape"noted by the appraisor before you can get a conventional/conforming loan on it. If going fha, the requirements can be more strict. Keep this in mind during your negotiations for allowances. If you have multiple trade lines currently open and good credit, the oyster is yours. There are first time programs out there but it may not be your best route. You will have many, many options to choose from. If you wish, PM me and I will give you my phone number to answer your questions in more detail. [/QUOTE]