HUD Homes
Most people can qualify for mortgages for foreclosed HUD homes. HUD homes are sold through a bidding that is quite different than purchasing a traditional home. Some HUD-owned foreclosed home are available at a reduced sales price to public employees.
As long as you either have enough cash or can qualify for a loan, HUD homes should be available to anyone who can finance the purchase. If you find a HUD home online, find a real estate broker who can submit a bid for you. If HUD finds your bid acceptable, your real estate agent will be alerted within 48 hours.