Does anyone know the difference between government foreclosures and bank foreclosures?
Which is better or less hassle?
Public Comments
- Bank foreclosures may be less of a hassle but most foreclosed properties are owned by the government so there will be a bigger selection from which to choose. The government and most banks market their foreclosed properties through real estate agents so there's not that much of a difference to a consumer when buying one of these properties as the real estate company handles the transaction for you. Good Luck
- You have no choice in the matter. The entity with the property lien is the one that can foreclose.
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