Posts tagged Foreclosed Homes
Will Buying a Home in Foreclosure Reduce Neighborhood Home Values?
Will Buying a Home in Foreclosure Reduce Neighborhood Home Values?

One of the best ways to find a home selling for well under its market price is to try to buy a home that’s in foreclosure. While buying a home in foreclosure may be able to get you a fantastic deal, it can also come with some serious risks and considerations. One of the most important things to consider is how homes in foreclosure may reduce neighborhood home values.

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Home PurchaseHome.LoansHome.Loans, LLCBuying Foreclosed Home, Buying Home in Foreclosure, Buying a Home, Foreclosure Purchase, Foreclosure, Foreclosed Homes, Foreclosure Process
Which States Use Judicial Foreclosure? Which Use Power of Sale?
Which States Use Judicial Foreclosure? Which Use Power of Sale?

When it comes to home foreclosures, some states allow lenders to sell a home without going through the court system using a provision in a mortgage called “power of sale.” States which don’t allow power of sale force lenders to attempt a judicial foreclosure in order to repossess and eventually sell the property.

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Home PurchaseHome.LoansHome.Loans, LLCForeclosure, Foreclosure Process, Judicial Foreclosure, Power of Sale, Foreclosed Homes