Learning as much as you can about foreclosure is the best way you can ensure that your career in foreclosure investing starts on the right foot. You might already be familiar with commercial and residential foreclosures but a bit unsure about repossessed USDA properties. In order to know more about them, simply read on.Government ForeclosuresHome buyers have the option to get a mortgage loan from a private lender or get one that is insured by government agencies like the Department of Veterans Affairs and the HUD. If the owner defaults or fails to pay related taxes, the ownership of these real properties will be reverted to these agencies.In order to buy one of these government foreclosures, you will have to look for an agent or broker that is accredited by the said agencies. There are also certain requirements that you need to meet before you are able to participate in the auctions.In the case of USDA properties, the situation is the same. The US Department of Agriculture often insures mortgages that were taken out as part of rural development. These include single family units, multi-family housing and even those real properties bought by businesses or cooperatives. You can safely assume that majority of these repossessed properties are farms or ranches. There are also qualifications that you should meet if you are interested in buying one of these repo properties.What to ExpectSimilar to what you normally do when buying foreclosed homes or condos, you will need to be prepared. This means that you have to do your homework and make sure that you have covered all bases. USDA properties offer the same amazing return potential and the only way you can maximize such potential is by using foreclosure listings, doing market studies and having the property inspected professionally. Neglecting to do any of these can cost you so you should make sure that you are thorough.