Are foreclosed homes cheaper to buy?

Related questions

1. Can I get a mortgage on a foreclosed home?
2. Is buying a foreclosure a bad idea?
3. Is it smart to buy foreclosed homes?
4. Do banks lose money on foreclosures?
5. Why are foreclosed homes cheaper?
6. How long does it take to buy a foreclosed house?
7. Should I buy a foreclosed house?
8. Is buying a foreclosed home a good idea?
9. What are foreclosed properties?
10. Is it hard to buy a foreclosed home?

Tags

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2. #banks
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4. #agencies
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13. #government
14. #foreclosure
15. #least
16. #foreclosed
17. #prices
18. #property
19. #market
20. #buyers
21. #similar
22. #generally
23. #repairs