[Todd H]

...Foreclosure on Dec 31 w/out using a realtor? I'm currently renting the home I want to buy. Heard that you could go directly through the lender (Wells Fargo) to make an offer to the foreclosing bank.

[bjohn4693]

Be careful ! it's not as easy as people think.Wells Fargo is hard to get a deal made. they won't negotiate for less than what is owed plus all expenses are yours to pay.and in today's tough credit market you need cash and at least an 750 credit score before they will even talk to you. I'm not a realtor but would suggest you use one because there are a lot of behind the scenes deals that they are aware of and you not paying those hidden fees from buying direct from the lender is worth their fee.DON'T forget to use a Real Estate Lawyer to handle the transaction.