These are steps from people I have been asking around for a year to get a house for cheap but I really don’t know if it’s legal it just more of a consolidation of notes when looking and buying a house/land.

Step 1: Credit Report

Go to annualcreditreport.com get your credit report for free to see what kind of loan you can get.

Step 2: How Much Money Can You Afford?

Go to the bank and see how much you can get. Also checkout this site for first time home buyers http://www.hud.gov/buying/index.cfm Alto of the time you need some kind of down payment.

Step 3: Find Foreclosed Property

Find a government runs foreclosed auctions such as here in Oklahoma (http://www.tcso.org/) You may have to go to the court house in your town/city.

Step 4: Check Value of Surrounding Property

You need to know how much the surrounding property is to see what your maximum offer should be. Example The owner my owe more money then what the property is worth

Check the Zillow.com site for the Real Estate value of surrounding property.

Step 5: Offer to Pay Off Owner's Loan From the Bank for the House/land.

this is what saves you money since the people living at the house are losing it anyway. Talk to the person living at the house to see if they would be willing to sell for what's left on there loan(house loan).

(Optional) Offer them extra for them personally at the closing date. This is what saves you money since the people living at the house are losing it anyway
Talk to the person living at the house to see if they would be willing to sell for what they left on there loan(house loan).

(Optional) Offer them extra for them personally at the closing date.

Step 6: Get A, "Quick Claim Deed"

Get a, “Quiet title Deed” (can be found officeDepot)

Step 7: Home Owner Sign The, "Quick Claim Deed"

Have the owner of the house/land sign the “Quiet title Deed”

A quitclaim deed, sometimes erroneously referred to as a "quick claim deed" or "quit claim deed," is one type of deed. There are also warranty deeds — both a special warranty deed and a general warranty deed. The quitclaim deed transfers whatever interest the grantor has in the property to the grantee.

Step 8: Fax The, "Quick Title Deed" to the Bank of the Load of the Owner

Fax the “Quiet Title Deed” to the Bank of the load of the Owner of the house (not the new owner if has already been auction off)

This will stop the foreclosure process.