com/buying-a-Foreclosed-home/The process for buying a foreclosed home differs depending on the present owner and the manner in which they sell the estate. Such aspects can also influence the amount you pay for a foreclosed home. Here are the fundamental procedures for buying a foreclosed home. 2- Buying a Foreclosed Home With A Buyer’s AgentBuying a foreclosed home listed on the MLS is like purchasing a home traditionally. When buying a foreclosed home, you’ll need a real estate agent.