How to Buy Foreclosures For Sale

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How to Buy Foreclosures For Sale – This is a place for the community to provide tips and advice on How to Buy Foreclosures For Sale. This topic was created by neova and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - How To Buy Foreclosures - Real Estate Guides

Published: 9 years, 2 month(s) ago | Submitted by Filipa Bastos | permalink

Find out how to buy bank foreclosures and government foreclosed property. Get tips for buying pre-foreclosures, foreclosure auctions and bank-owned homes.

For further reading: http://www.realtytrac.com/real-estate-guides/how-to-buy-foreclosures/ ^[1]

Tip 2 - Buying a Pre-Foreclosure Property

Published: 9 years, 2 month(s) ago | Submitted by Laura Hitt | permalink

A pre-foreclosure property is not necessarily for sale. The pre-foreclosure stage is the period between the time in which a Notice of Default (in non-judicial foreclosure) or lis pendens (in judicial foreclosure) has been issued to the homeowner and after the property is sold at a foreclosure auction.

For further reading: http://www.zillow.com/foreclosures/buyer/buying-a-preforeclosure-property/ ^[2]

Tip 3 - 5 Mistakes to Avoid When Buying a Foreclosure

Published: 9 years, 2 month(s) ago | Submitted by Graham O Reilly | permalink

Purchasing a foreclosure can be complicated and costly mistakes sit in wait for would-be buyers who have not done their homework. Here are some common mistakes made when buying a foreclosure.

For further reading: http://www.zillow.com/foreclosures/buyer/mistakes-to-avoid-when-buying-a-foreclosure/ ^[3]