{"id":80,"date":"2026-10-10T09:00:00","date_gmt":"2026-10-10T09:00:00","guid":{"rendered":"https:\/\/www.richhanlin.com\/blog\/?p=80"},"modified":"2026-10-10T09:00:00","modified_gmt":"2026-10-10T09:00:00","slug":"how-to-buy-a-foreclosed-home","status":"publish","type":"post","link":"https:\/\/www.richhanlin.com\/blog\/2026\/10\/10\/how-to-buy-a-foreclosed-home\/","title":{"rendered":"How to Buy a Foreclosed Home"},"content":{"rendered":"<div class=\"roomvu-news-container\">\n<p>Thinking about buying a foreclosed home? With foreclosure filings up 21%, we&#039;re seeing more inventory hit the market\u2014creating opportunities for those ready to move quickly. There are a few ways to purchase these properties: short sales, auctions, or directly from the bank. Each route comes with its own set of challenges, but one thing is universal: these sales are &#039;as is,&#039; meaning inspections are limited and auction buyers may face premiums. In my 35 years in the mortgage world, one truth stands out\u2014preapproval is your secret weapon. It\u2019s what levels the playing field when you\u2019re up against cash buyers. Having helped thousands navigate complex transactions, I\u2019ve seen firsthand that preparation and expert guidance make all the difference when it comes to foreclosure deals. If you\u2019re eyeing this path, make sure you\u2019re armed with knowledge\u2014and a game plan that puts you ahead of the pack.<\/p>\n<p>\t<a class=\"roomvu-news-continue\" href=\"https:\/\/www.nerdwallet.com\/mortgages\/learn\/how-to-buy-a-foreclosed-home\"><\/p>\n<div>Continue to full article<\/div>\n<p>\t<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Thinking about buying a foreclosed home? With foreclosure filings up 21%, we&#039;re seeing more inventory hit the market\u2014creating opportunities for those ready to move quickly. There are a few ways to purchase these properties: short sales, auctions, or directly from the bank. Each route comes with its own set of challenges, but one thing is [&hellip;]<\/p>\n","protected":false},"author":339,"featured_media":81,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-80","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/posts\/80","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/users\/339"}],"replies":[{"embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/comments?post=80"}],"version-history":[{"count":1,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/posts\/80\/revisions"}],"predecessor-version":[{"id":82,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/posts\/80\/revisions\/82"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/media\/81"}],"wp:attachment":[{"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/media?parent=80"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/categories?post=80"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.richhanlin.com\/blog\/wp-json\/wp\/v2\/tags?post=80"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}