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How to Buy a Foreclosure in MN | St. Paul, Woodbury, Lake Elmo Real Estate & Homes for Sale

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How to Buy a Foreclosure in MN

Foreclosure in MN contract real estateThe last few weeks we have written about why it is a good idea to buy a foreclosure and how to search the MN MLS online to buy a new home. Now we would like to create a series of articles explaining exactly how to buy a foreclosure in Woodbury, Stillwater, Lake Elmo, Cottage Grove and Washington County, MN.

This 3 part series of how to buy a foreclosure in Minnesota will highlight the following 3 topics:

  1. How to Find Foreclosures in MN
  2. Be Prepared When Buying a Foreclosure in MN
  3. What You Can Expect When Buying a Foreclosure in MN

Let’s jump into the first topic: How to Find Foreclosures in MN!

Using the MN MLS Online to Find MN Foreclosures

One of the easiest ways to find homes that are in foreclosure in Woodbury, Stillwater, Lake Elmo, Cottage Grove and Washington County, MN is to search the MN MLS online on our website. Go to the Advanced MLS Search and scroll halfway down. You will see a box titled “Potential Short Sale” with the options of “Yes, No and Not Disclosed.” Underneath that box you will find a box labeled “Foreclosure Status” again with the options of “Yes, No and Not Disclosed.” Lastly you will see a box titled “Lender Owned” with the same three options of “Yes, No and Not Disclosed.” This last box, Lender Owned will provide you with all the houses that have currently been foreclosed on in the area you are looking in. Use the selection and enter any other criteria you may have and hit search to find a list of foreclosures in your MN area!

Advanced Search for MN MLS Online for Foreclosures in MN

Ask Us!

Another easy way to find foreclosures in your area is to simply ask us! We can help you narrow down your search area and then provide you with a daily or weekly update of the newest foreclosure listings in your area. If you are looking at a particular house that is currently in a short sale or looks like it is in foreclosure but isn’t listed for sale, we can do research for you to find out more about the house. We would love the opportunity to be your resource when searching for foreclosures in MN and foreclosures in the cities of Woodbury, Cottage Grove, Stillwater, and Lake Elmo!

What has your experience been when looking or buying a foreclosure in Minnesota? Please let us know in the comments below!

Are you looking to find out more about real estate in Minnesota? Then Like The Max Team on Facebook and get a free copy of our report “Realty 101 in MN!”