HOW TO BUY FORECLOSURES

[Whitney Campbell]

Hey, I am starting out and trying to get my feet wet. I have been looking into homes that have been foreclosed for 3-4 and purchasing homes through the Abandon Housing Act. As for as foreclosures, if a house foreclosed at say 15k and have been vacant for 6 months to 4 years, what should be my asking price price to purchase? Also, what are some signs to look for in the house other than plumbing, roofing, electrical and foundation to make sure it is indeed a good buy?