Tag Archives : public auction

Foreclosed Homes: A Good Investement Option

Foreclosed Homes: A Good Investement Option

A great opportunity for prospective home buyers and property investors has come with mortgage crisis and recession, which has left in its wake an avalanche of foreclosed properties. This window of opportunity though is rife with perils, especially if approached via the public auction. Banks offer better passage, however, at cost.

What Is Foreclosure?

What Is Foreclosure?

Foreclosure is a commonly used term in which the owner’s right to property forcefully comes to an end due to his/her incapability of making principal or interest payment. These payments are done in exchange of the money borrowed or loan taken from the lender.

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