Cheap houses are very tempting to purchase yet one has to look more on the property than at its price. Home buyers can look at REO listings and make queries about the history of certain properties to ensure to make a good investment. The government foreclosures homes offer the cheapest price. To be able to come up with a wise decision when buying from cheap houses in the market, one has to hire a real estate agent to do the researching to get a potential investment property.