Wulverene asked: I have been checking out some of the foreclosure websites to find a property. However, they give me limited information on the actual property. Where can I get a more detailed report?
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Wulverene asked: I have been checking out some of the foreclosure websites to find a property. However, they give me limited information on the actual property. Where can I get a more detailed report? Christopher B asked: Can you explain the process of shorting on a foreclosure? How do the negotiations work with the lien holders? What would be a normal offer for a foreclosure property (as a percent of retail value)? Thanks, first best answer gets my ten points. The process by which a promise to repay a loan or debt secured by a deed of trust is enforced against real property is called foreclosure. Basically, the bank or other lender you went through for your mortgage can come forth and foreclose the home, meaning that it will be taken away from you and [...] |
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