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A Foreclosure: This will occur when the home owner is behind in payments and is not willing to or can not catch up on payments and just lets the bank proceed with the foreclosure. A notice is sent stating that the owner is behind in payments, then another notice stating that unless they catch up on payments or make other arrangement a " Notice of Default" or "Lis Pendence" will be filed ( the Official notice that the bank is going to foreclosure) then another notice of a court hearing then if found in default the home will be foreclosed and the home owner evicted.
Buying a Home in Foreclosure.
Owning a home can be a significant first step in attaining financial independence. We can help you eliminate rent payments, build equity, and feel the personal satisfaction of calling a home your own.
A Foreclosure: This will occur when the home owner is behind in payments and is not willing to or can not catch up on payments and just lets the bank proceed with the foreclosure. A notice is sent stating that the owner is behind in payments, then another notice stating that unless they catch up on payments or make other arrangement a " Notice of Default" or "Lis Pendence" will be filed ( the Official notice that the bank is going to foreclosure) then another notice of a court hearing then if found in default the home will be foreclosed and the home owner evicted.
Buying a Home in Foreclosure.
Owning a home can be a significant first step in attaining financial independence. We can help you eliminate rent payments, build equity, and feel the personal satisfaction of calling a home your own.
You can have a pre-approved mortgage amount before you decide on the home you want. Your pre-approved mortgage provides you the buying power of a cash buyer.
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