|
| |
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)
|
|
|
|
|
|
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
