Pre-Foreclosure: How It Works in Real Estate, FAQs
investopedia.com
Pre-Foreclosure: How It Works in Real Estate, FAQs
Pre-foreclosure is the first stage of repossessing a property due to the property owner defaulting on their mortgage. This process is initiated by a notice of default.
1 year ago
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What happens at a foreclosure auction? Here’s how it works: Investors perform due diligence before the auction starts to determine their maximum allowable bid. It’s vital to stick to your bid number and not get caught up in the pressure of competition. Investors use foreclosure auctions as a way to secure deals because you can buy them for way below market value! Follow Two Guys Take on Real Estate for more tips and tricks to purchasing multiple real estate investment properties. #investmentprop
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