The Pre-Foreclosure Process
The pre-foreclosure period can range anywhere from one month to a year, depending on local law and custom. Often times, homeowners who cannot pay off their default debt will turn to selling their property during this period as a SHORT SALE For buyers, this can be a great opportunity to find significant discounts, as most homeowners look to sell for reduced prices simply to raise enough to pay off their remaining loan debt. Buying a pre-foreclosure involves dealing directly with the homeowner, and oftentimes this means approaching homeowners and actively seeking out the deals. However, the results can be quite rewarding in today's market.If you are thinking of Buying a "Short Sale" you do need an Realtor to get this most diffecult deal done. Call me today to get started in selling or buying a Pre- Forclosure
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