question about foreclosures.....

how do you know or find about about home foreclosures?
do you need cash to get one generally?

I work at a Foreclosure Law Firm. YOu need to look at the newspaper listings. The Notice of SAle for any foreclosed house needs to be published in the paper for at least 4 weeks. The newspapers all vary.

You need to bring 10% of your max bid to the sale and it has to be in either cash or a certified bank check made payable to the Referee, you can find his name in the Notice of Sale.

Once you find the listing of something you might want to bid on you need to call the law firm listed and make sure the sale is still going forward. You should call up until the last minute b/c people can payoff, reinstate or file bankruptcy right up until the last minute before the sale.