[Britt]

I am looking into buying a foreclosed home, I am currently living on my own, forking out 620 for rent, about 400 every few months for oil and lately, 60 -100+ for electric, in my tiny apartment, it is an old house that was converted into two apartments, that is horribly insulated so the heat just gets sucked out. I am only here to sleep, so to put it in that perspective, the amount of money I am spending to sleep, it would be cheaper to rent a different hotel everynight at this rate. But I am looking into buying a foreclosed home. I am curious if anyone else here has bought one, what were the first steps you took, was it easy? What was the most difficult step about it? I would appreciate if some could give me useful tips. Plus I know you would purchase the home as is, can you look at the house before you buy it, or does it depend? Please anyone who has bought a foreclosed home, just give me your thoughts and opinions, please. I wanna start out right, (I am 20 years old and have been on my own since I was 18.) Never really had the chance to ever save, its always bills, and I would much rather have my own home to pay the bills, then put a penny in someone else's piggy bank.I have good credit, and I have a stable job, been working at the same place for over three years. My only problem is I am working to pay the bills, so I dont really have any savings, I have a couple hundred saved for a rainy day, not a couple thousand.. :-/

[Josef Fritzl]

You buy your house with a mortgage from the bank, you don't pay the bak, and the take your house