Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Alpine Utah Homes for Sale and is a Distressed Property right for you?
Alpine Utah Homes for Sale and is a Distressed Property right for you? Distressed sales are a sad fact of the Real Estate market. While no one wants to see a homeowner lose their home, these properties also present unique opportunities for buyers. To determine whether you are a candidate for such a purchase, it's important to learn all you can about distressed properties - and to work with qualified buyer's representative who can guide you through each step of these complex, non-traditional transactions.
Alpine Utah Homes for Sale and Foreclosure is a process
Pre-ForeclosureA period of time that begins with the initial mortgage default and ends when the distressed property is sold
Foreclosure SaleWhen the property is auctioned to the highest bidder, someone who also meets the terms of the sale.
REO (Real Estate Owned)If a foreclosure sale is not successful, property ownership is transferred to the lender
Alpine Utah Homes for Sale and what is a Short Sale?
This is a situation in which a seller owes more on their loan than a sale of the property will produce, and they are unable or unwilling to make up the difference at closing. The seller may or may not be in pre-foreclosure. Banks ... more

__________________________________________________
Are you on The Rain? Grow Your Network!