No matter what kind of foreclosure you are looking for, bank foreclosures, home foreclosures, government foreclosures, etc., we can help. We list foreclosures in all the 50 states.
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What is a Foreclosure?
The legal process by which an owner's right to a property is terminated, usually due to default. Usually involves a forced sale of the property at public auction, with the proceeds being applied to the mortgage debt. Also known as a repossession of property (aka repo homes).
Looking for home forclosures?
click here for list of foreclosures in your area.
Can I save money buying foreclosures?
Yes, the amount of money varies, but foreclosed homes and repossessed homes usually sell well below market value. To learn more about foreclosures, check out this compilation of real estate books on the subject.
CLICK HERE for a list of home foreclosures in your area!
Where / How can I find foreclosure listings?
You can buy foreclosed homes (repo homes) using basically 3 methods:
Why/How do Foreclosures Happen?
A Foreclosure is usually symptomatic of a larger problem - excessive debt. Many life occurrences can lead to a foreclosure or too much debt, for example, a divorce, loss of employment, illness, etc. It can also be caused by overspending on the part of the home owner. It is usually a good idea to try to negotiate better loan terms with the lender before the loan goes into default. For more articles about foreclosed homes and repo homes go here.
Finding quality foreclosure listings can be difficult, most lists are grossly outdated and you will find many listings in which the property has been sold for many months. Click here to access a good quality
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