ARE YOU SEARCHING TO BUY A FORECLOSED PROPERTY OR NEED HELP IN MARKETING YOUR PROPERTY UNDER FORECLOSURE? Definition of a Foreclosure: It is the legal process by which a borrower in default under a mortgage is deprived of his or her interest in the mortgaged property. It usually involves a forced sale of the property at public auction with the proceeds of the sale being applied to the mortgage debt.
Foreclosures are a sensitive situation which require understanding, empathy and knowledge to reach a fair and equitable solution. We work with buyers and sellers who know that to succeed in the process we all have to work together. |
Selling Foreclosures:
If you are already in foreclosure or you may be facing foreclosure in your future…please contact us and allow us to help you. Please note, we are not attorneys and we are not able to help you with any legal proceedings. However, we can work with you by listing your property under a special Foreclosure Marketing Plan. This plan and my knowledge will guarantee us the ability to position your property to sell before it reaches the end of the redemption period.
Causes of Foreclosures:
1. Non-payment of mortgage
2. Failure to pay property taxes
3. Bankruptcy
4. Surety for other debts, i.e. the property is used as a collateral or security for the debt obligation
Forfeiture for illegal activities – such as seizure by DEA of property used in drug manufacturing or trafficking
Buying Foreclosures:
On the other hand, if you are looking for opportunities in buying foreclosure properties you can also contact us and let us guide you to finding a property you can purchase.
Areas of Opportunity In Foreclosure:
1. Auction
2. Sheriff’s Sale
3. Short Sale
4. Judgment Liens
5. REO – Real Estate Owned by the lender
Don't be fooled into paying for foreclosure lists...just pickup the phone and call or E-mail us and we can provide you with the properties currently available under foreclosure or under REO.