strafford foreclosed: Strafford NH Foreclosures and Bank Owned Real Estate for Sale
- 06/26/10 02:00 PM
Strafford New Hampshire Foreclosures, Short Sales and Bank Owned Homes for Sale Purchasing property at a Strafford NH foreclosure auction has many risks to a potential buyer and in most cases the bank will bid and take possession of the property at the auction. The property is then referred to as bank owned, REO (real estate owned) or foreclosed property. A home owner may attempt a "short sale" whereby the bank agrees to accept less than the mortgage balance based on the owner's hardship and financial status. Obtaining approval can be a long and difficult process. Additionally, there is no assurance that the … (0 comments)
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Strafford New Hampshire Foreclosures, Short Sales and Bank Owned Homes for Sale
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