If you put an inspection requirement in a foreclosure they will not take your offer.I have bought a few foreclosures and can tell you it is a gamble, just make your offer low enough to deal with it. 

Like everyone said also, make sure you follow state guideline on length of notice .Good Luck

Again keep in mind lending guidelines, credit scores and debt to income ratios.

You need defined and detailed guidelines for all operating decisions. 

HiIm trying to purchase a condo where there are 27 units. These were constructed in 2009. 12 of 27  are still owned by developer. 3 of 12 are under contract. Rest 9 are not listed on MLS yet. Fannie and Fradie restric...

After 90 days on market they can neogiate a purchase price below list if they want.This is all covered in HUD Guideline 24 CFR 206.125 if you want to look it up for more clarification.

I know that appraisers are under stricter guidelines when it comes to VA loans and depending on what the issues are the VA will refuse to finance the home.  

From my experience they have some of the most difficult underwriting guidelines.

@Justin Kane if you're taking money from passive investors who will not be managing the deal, you're selling a security and must comply with SEC guidelines.

Shoot, are YOU okay with gambling on yourself like that?