Common reasons for foreclosures

Foreclosure Home Buying 101

Posted by Wendy Poltorek // September 9, 2020 // Avoiding Foreclosure / Blog / Cleveland / Featured / Real Estate Investment / Selling Your House Fast / We Can Buy Your House // Benefits Of Buying A Foreclosed Home / Common reasons for foreclosures / Drawbacks Of Buying A Foreclosed Home

buying a foreclosed home

Foreclosure is a home that’s seized and put up for sale by the bank that gave the original owner a loan. When you see a home listed as “foreclosed,” it means that it’s owned by the bank. Every mortgage contract has a “lien” on your property. A lien allows your bank to take control of your […]

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