The action taken by a bank or loan company to call in a loan or mortgage.
No the bank owns the house.
Protect your home from what? What do you mean by attached home?
There are a few benefits of buying a foreclosed home. Foreclosed homes are generally cheaper than non-foreclosed homes. One can also negotiated for a better deal with a foreclosed home because banks want to sell the home quickly.
If it is foreclosed then he does not own it. You cannot rent a property that you do not own.
Foreclosed - 2013 was released on: USA: 12 February 2013
Yes. A foreclosure can be reported by the entity that foreclosed, by the servicing agent for the entity that owned the mortgage when it was foreclosed or by a mortgage company if it held the mortgage when it was foreclosed.
One can find foreclosed homes in Pittsburgh on Zillow, which features Foreclosed Properties for Sale in Pittsburgh. Other resources for foreclosed homes include homes yahoo, foreclosures bank of america and bank foreclosure sales.
The current owner yes, not the one foreclosed on. (And the past owner owes the one that foreclosed for any tax that was due for the period that owner had it).
When foreclosed homes are put up for auction that are usually held publicly by the banks. If you are able to meet all the requirements than you can purchase a foreclosed home.
A home can be foreclosed on if the terms of the loan are violated. The amount does not matter.
Foreclosed real estate is a property which may or may not include a domicile that was repossessed by a bank or other lender organization because the original leinholder went into default either directly with the bank or to a third party (i.e. the state)
You can contact the lender or lien holder who foreclosed on the property and make your offer to them.