Anyone ever buy foreclosure property?

Question:

I am interested in a house that I think is in foreclosure. How do I go about finding out if it is for sure and if it is, how do I go about buying it? I've never done this before. There is a lot on the Internet, but I don't know what's hype and what's not. Every one of them seems to want money before they tell you anything of any real value. Any tips would be greatly appreciated!

Answer:
Buying a foreclosure is the same as buying any house. The only difference is that you are buying the property as is so inspections become paramount and should be made a subject to clause in your offer.
There is preforeclosure which is the procedures being taken against the property owner to take the home away but you can still approach the owner to buy the house you will need the lenders approval of any offer accepted by the owner in demand.
There is foreclosure in where the owner is already in court and the property is either still in the name of the owner or the judge has ordered the sale of the property you can approach the attorneys for the parties for making an offer to purchase
There is the actual foreclosure sale in where you show up with "dinero" and you bid on the property being sold
There is other real estate owned OREO not to be confused with real estate owned REO in where the bank has successfully acquired the property at the auction and is now selling it.
I hope this overly simplified explanation helps

Anyone ever buy foreclosure property?

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