ForeclosuresI have a question in regards to buying a foreclosed property. I recently went into a local Sheriff’s website and found a list of foreclosures. There was an option to see listing of sold properties in the past month. It lists the date, amount sold and the purchaser. Unless I was mistaken, most of the properties were sold for One hundred dollars ($100). How could this be? I know when you buy foreclosed properties, you as the buyer are responsible for all the liens; etc., but what am I missing? Can some please fill me in. Thank you! MaxwellJuly 26 2007 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.