The American dream is to own your own home. Foreclosures occur when the home owner(s) are no longer able to make mortgage or tax payments. When this happens, a lengthy legal process ensues and the bank forecloses on the mortgage. Once all the legal requirements are met, the bank takes possession of the property and places it on the market. Typically, banks do not want these properties and they may offer reduced prices in order to move them quickly. We have worked extensively with foreclosures as listing agents and as buyer’s agents. Although working with foreclosures can be tricky, We have enough knowledge about the process to move from contract to closing in a manner that is pleasing to all parties.
Please call for information on foreclosures in your area,