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When Buying Foreclosures I often tell buyers ” The Early Bird Catches the Worm”. Buying foreclosures like any transaction can be frustrating or rewarding depending on how you go about your business. My advise to buyers is to not be afraid to write an offer because you want your offer in front of the Asset Manager before others are being considered. Next, do not get discouraged if your first offer was not accepted. Asset managers will negotiate with you and it is up to you how you negotiate but if persistant you will be successful.