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Que Es Pre Foreclosure

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One of the most common questions asked of me is if a buyer can get a better deal by buying a foreclosure rather than a short sale or regular sale.. Driving for Dollars Looking for Pre.

Pre-foreclosure represents the first stage in the foreclosure process. In this phase, the homeowner has missed at least one payment and is now considered delinquent on the loan. A pre-foreclosure can also be referred to as a notice of default (NOD), which is a formal warning sent to the borrower on a loan regarding the delinquent payment(s).

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Interacting With Your Mortgage Company and Housing Counselor · Mortgage Assistance Options · Prepare What You'll Need · Tips to Avoid Foreclosure.

The lender initiated foreclosure proceedings on these properties because the owner(s) were in default on their loan obligations. Pre-foreclosures also include properties for which a foreclosure auction is scheduled. These properties are not found on a multiple listing service (MLS).

Foreclosure properties come and go; but what are they? What is a foreclosure property and how can you benefit, as an investor, by buying foreclosure property? To learn more about Auction.com: http.

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