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The auctions do not inform you should your foreclosing lender was an elderly financing or good junior
Below are a few of your advantages and disadvantages of purchasing an excellent property foreclosure (with respect to the phase of your own property foreclosure you are to invest in from inside the).
Pre-foreclosure
Pros: Many people will tell you that might be an educated profit at this point. That is because you could potentially negotiate directly toward resident and you will could potentially have very nothing race. Negotiating individually towards proprietor plus enables you to get creative when needed. Continue reading “The auctions do not inform you should your foreclosing lender was an elderly financing or good junior”