What do I look for when buying a foreclosure?Not all foreclosures are GOOD DEALS. You need to know the area or have an agent who knows the area you are looking in. What is your goal that you are looking to achieve? In other words if you are looking for investment property it may be cost divided by return rate, where if you are looking for yourself other factors may come into play...fixer upper? turn key dream home? With that said you also need to be VERY Competitive with all the other clients who are looking for foreclosure, you need an agent who will look at the new foreclosure list everyday and SIFTED through them to find what you are looking for and aggressively pursue that listing for you.March 10 2011 - Scottsdale22YesReport 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.