Foreclosures, Short Sales and Bank Owned Properties
What is a foreclosure?
When a homeowner misses several house payments the bank can file a notice of default and beg the process of foreclosing on the home. The bank can retake possession of the property or try to sell it
Buying a foreclosure property.
Generally a property in foreclosure can be purchased below market value from the bank or the homeowner.
How do I find out about foreclosures?
There are many web sites that charge a fee to users to access foreclosure information. As a real estate agent I have access to this information and can send it to you as it becomes available. To sign up for this free service click here.
Short Sale Resources
When a homeowner misses several house payments the bank can file a notice of default and beg the process of foreclosing on the home. The bank can retake possession of the property or try to sell it
Buying a foreclosure property.
Generally a property in foreclosure can be purchased below market value from the bank or the homeowner.
How do I find out about foreclosures?
There are many web sites that charge a fee to users to access foreclosure information. As a real estate agent I have access to this information and can send it to you as it becomes available. To sign up for this free service click here.
Short Sale Resources
