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Foreclosure Information Center 


For Buyers 

Buying A Foreclosure

 

Buying Distressed Properties



 For Sellers


Tips to Prevent Foreclosure

 

TheTreasury’s Program

 

Facing Foreclosure

 

 

 

This section was created to help you find information on buying and selling forclosures. Foreclosure is a process in which a lender attempts to recover the amount owed on an outstanding property loan once there is a default of payments.

Good foreclosure deals are available, however buyers need to be cautious. Tax or mechanic’s liens placed on a property can drive up the purchase price.

Once you have located a property you are interested in purchasing, it is important to have your REALTOR® check the property records for these kinds of contingencies. 

This information is meant as a guide. Although deemed reliable, information may not be accurate for your specific market. Please Contact Us and we will get you in touch with an agent for more information