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Buying foreclosed homes at auction: be aware of issues ...
Buying foreclosed homes at auction: how to be prepared for the sale and the potential issues that may be associated with your purchase.
Foreclosed home auctions provide potential buyers with a great chance to obtain homes at reduced prices, but there are issues to be aware of when buying foreclosed homes.
The potential hazards of buying foreclosed homes at auction include poor physical conditions...
SEARCH FORECLOSED HOMES NOW - RealtyNow.com
Buy from Bank - Foreclosed homesBuying a foreclosed home from a bank can be a great way to get a lot of home for very little money. Often the bank will look to make... read more
Foreclosure buying timeline
The timeline for your foreclosure purchase can vary immensely state to state. In almost every case, if a homeowner misses three payments, the lender can and will foreclose on the homeowner.
It can often take up to 3 months for the lender to foreclose the home primarily because the homeowner has the right for most of that time to make their loan whole. These rights are built into law to make it more...