How to find a foreclosure real estate with safety & saving?
I am looking in southern california. Irvine and Los Angeles counties (good school district only)
Public Comments
- I can help you...what city,state where you looking for??
- Finding a foreclosure is the easy part. Finding the foreclosure that is safe and will save money. That's where a good Realtor will come into play. Usually, you can go the county court house and get the list of Notice of Defaults. These are homes that are 90 days from foreclosing. Once, they do foreclose, you will be at the mercy of the lending company that is on title. Which is where the fun starts. After the lender has the property, they have to make that decision to sell at the court house or auction the home off with a Realtor or Real Estate auction house. Which ever way they sell it, the Buyer(which would be you) would have to risk any unrecorded liens or judgments that remain on the property. Furthermore, you also have worry about the condition of the property. Most owners, who are getting thrown out, will do some crazy things if they are not in the right frame of mind when they vacate the property. So Buyer beware, Foreclosed properties are sold as is! If it sounds too good to be true, it probably is.
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