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40 New home updates on Birmingham Alabama Foreclosures

By
Real Estate Broker/Owner with Brik Realty 86246

40 New updates on Birmingham Alabama foreclosure homes for sale 8/19/09. A lot of investment properties in this update today scattered thruout Birmingham. Some nice homes in Pelham and Alabaster for first time home buyers are also available. Foreclosures have a one year right of redemption which means an owner has one year from the foreclosure date to redeem their old property. To redeem they must pay the foreclosure amount(which is in most cases a lot higher than the sale amount of the new owner) as well as 12% interest and any necessary repairs to the property that the new owner paid for. I would say its less than one percent of homes get redeemed by the old owner and probably more like 1 in a thousand. When you are ready to look for that Birmingham Alabama foreclosure house, please let me know so I can be your agent :) and walk you thru the process. Now click on the links below for the latest in Birmingham Alabama Foresclosures:

19 New Listings:

http://bhammls.net/BAARReports/ListitLib/show_report.aspx?ID=US10692354

21 New Price Changes:

http://bhammls.net/BAARReports/ListitLib/show_report.aspx?ID=US10692358

For all of your foreclosure needs: contact Birmingham Alabama foreclosure specialist Gusty Gulas with RealtySouth-Crestline at 205.218.7560 or email me at gusty1305@gmail.com