IS 15,000 ENOUGH TO BUY A FORECLOSED PROPERTY? -

Not for anything of real value. Look at the big picture.... A house goes up for auction. There are many companies who watch and wait for this to happen. Their pockets go very deep so you can never out bid them. Any house that they feel has real value as a rental or being able to flip N sell, they will buy. They have a cut off point know when it is not worth it (so don t think you won if they stop). Now lets say there is one or two of value that slips through the cracks. You are going to have private people (like yourself) but with more money. Foreclosed properties can make money, but not for a fish out of water.

of course; but you did not volunteer where you are.you can get a condo or even a house for that amountin 6 states and it will be debt free when you have closed escrow. I can guide you further if you wish