What are foreclosed homes?

PROs and CONs of BUYING FORECLOSED HOMES

Posted by Wendy Poltorek // September 16, 2020 // Avoiding Foreclosure / Blog / Cleveland / Featured / Selling Your House Fast // buying foreclosed properties / CONs of acquiring foreclosed properties / PROs and CONs of BUYING FORECLOSED HOMES / PROs of buying foreclosed properties / What are foreclosed homes?

buying foreclosed properties

What are foreclosed homes? Foreclosed homes are real estate properties whose owner failed to make the mortgage payments. It happens when the titular owner fails to provide payments for the loan amortization to a lender. It also occurs when the mortgage borrower also fails to pay the real property tax mandated by the government. These […]


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