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auction: Foreclosure FAQ's - Part 1 - 12/11/06 07:26 PM
People always come to me with their questions about the foreclosure process in Central Florida.  Below are most of the questions first time investor buyers ask me regarding bank owned homes.  Feel free to contact me if there is a question I haven't answered below at 321.948.9486 or http://www.cflagent.com/ .
What is a foreclosed home?
If a homeowner with a mortgage on their property fails to make payments on that loan, then the lender will file a law suite to take back the property for non-payment of the loan. This action is called foreclosure.
How long does this process take?
Generally, the homeowner's bank, mortgage company … (1 comments)

 
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