[ashley r]

i am looking into buying a foreclosure within the next 4 months possibly.. i have decent credit just not a whole lot (im 20)...however, everything that i own is paid off so i have no debts. I am looking at houses under 100k because i only have $12500 in the bank... what is the likely hood that i could get financed?? also, what kind of things am i going to have to prove to get financed??? thanks!i make well over $2500 a month.. however i am a server and do not claim all of this... my pay stubs only show about 1500 per month... would bank statements be enough proof of income??also... what exactly is a pre foreclosure and can you bid on these or do you have to wait.... or what is the deal?/??? thanks