Here is a great article I found that discusses the process and some techniques of how to buy houses that are about to go under foreclosure. This is a great technique that helps both the owner of the property (saves them from the awful foreclosure legal process) and gets you a great deal you can then flip. My only caveat is to make sure you fully inspect the property to gauge if the property has been poorly maintained and what it will cost in order to get it into prime selling condition. Read more