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Foreclosures are a matter of public record, check with the local government in the city you wish to purchase a home to get a listing of homes in foreclosure. This information will include the name of the bank now holding the property, contact the bank and make an appointment to speak to them about the property you are interested in.

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14y ago

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How can I purchase a home that is in foreclosure?

Purchasing a home in foreclosure is easy. Contact the agent that has the property listed for the bank, submit and offer, have an inspection and close on the house if your offer is approved.


Can a mortgage borrower apply for court foreclosure?

No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.


Can a bank take your money from bank after foreclosure?

no


Who initiates a foreclosure?

The bank that loaned the money initiates the foreclosure when the debtor fails to make the payments. Generally, the bank is represented by a law firm that specializes in foreclosure and the law firm begins the procedure.The bank that loaned the money initiates the foreclosure when the debtor fails to make the payments. Generally, the bank is represented by a law firm that specializes in foreclosure and the law firm begins the procedure.The bank that loaned the money initiates the foreclosure when the debtor fails to make the payments. Generally, the bank is represented by a law firm that specializes in foreclosure and the law firm begins the procedure.The bank that loaned the money initiates the foreclosure when the debtor fails to make the payments. Generally, the bank is represented by a law firm that specializes in foreclosure and the law firm begins the procedure.


Where can one find forclosure properties for purchase in Atlanta?

One can find foreclosure properties in Atlanta in a variety of different ways. They can contact realtor sites that have foreclosure properties, such as Realtor, or they can go directly to the bank for their listings.


What is the difference between a tax foreclosure auction and a bank foreclosure auction?

One is done by the IRS, and the other is done by your bank.


Where can one find bank foreclosure listings?

There are many companies and websites that offer bank foreclosure listings. Some of these companies that offer bank foreclosures are Bank Foreclosures and Zillow.


Should I buy a foreclosure from a bank?

The only way to buy a foreclosure is through the bank. If you want to save money you can try to pay in cash.


How do you purchase a home in foreclosure to fix and resale for profit?

First you find a list of foreclosed houses. If you've already found one, just find out the bank or lender that repossessed the home and make an offer to purchase the property. This offer will need to be on a contract so that the bank or lender will know that you're serious. It also helps to accompany the contract with a pre-approval letter from the bank or lender that you're using to purchase the foreclosure. If you're having trouble putting together a contract to purchase property, go to office depot or call a real estate agent.


How do you stop foreclosure on deceased person's home?

You can contact the bank and make arrangements to pay the mortgage. If you can't pay, the foreclosure can be continued and the lender will name the estate and the estate representative in the foreclosure documents.You can contact the bank and make arrangements to pay the mortgage. If you can't pay, the foreclosure can be continued and the lender will name the estate and the estate representative in the foreclosure documents.You can contact the bank and make arrangements to pay the mortgage. If you can't pay, the foreclosure can be continued and the lender will name the estate and the estate representative in the foreclosure documents.You can contact the bank and make arrangements to pay the mortgage. If you can't pay, the foreclosure can be continued and the lender will name the estate and the estate representative in the foreclosure documents.


Can you sell your house while in foreclosure?

You can sell your house while it is in foreclosure. If the price is less than you owe the bank, the bank has to agree to the selling price first.


Can a mortgage company freeze a bank account after foreclosure?

No