Real estate owned by a lending institution as a result of default by borrowers and subsequent foreclosure by the institution. This is property that the lender has directly taken title to, usually as the result of being the successful bidder at the foreclosure sale by bidding up to the loan amount and there being no higher bids.
Foreclosure.com Advantage:
At Foreclosure.com, we are driven by a mission — to streamline the journey of finding and purchasing distressed properties for our users across the nation. We understand both the challenges and opportunities presented by the real estate market. So learning is an essential part of investing and we equip you with tools and knowledge through how-to videos, insights from local area experts, and state-specific legal information. These resources are designed to empower you with the knowledge to make informed decisions, whether you're a first-time buyer or seasoned investor.
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