How to Look for Foreclosures

foreclosure

With all the news regarding sub prime lending and an ever increasing number of foreclosures and auctions, it's good to understand what foreclosures are, the reality of buying a home, and how to go about trying to accomplish it. Please read through our foreclosure information pages to get some valuable information. What is a Foreclosure? Foreclosure is the legal proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner's failure to comply with an agreement … [Read more...]