The first two steps in buying a foreclosure home should happen almost simultaneously: Find a real estate broker who works directly with banks that own foreclosed homes and get apreapproval from a lender
Be prepared to prove source of funds if yours is an all cash offer. Source of funds could be a ard money lender who is willing to put up 65% of the after repaired value of the home, so your offer would have to be 65% below asking price to make the offer All Cash READ MORE LIST of Foreclosed Homes Los Angeles
http://www.losangelesforeclosures.biz/list-of-foreclosed-homes-los-angeles/
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