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What is the actual price of a foreclosure home?

Updated: 8/16/2019
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16y ago

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It depends upon where the home is located, how many homes are for sale in the area, how long it takes to sell a home in the area, what condition it is in, what was owed on it, how fast the lender wants to unload it, etc. You need to be more specific with the question.

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16y ago
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Q: What is the actual price of a foreclosure home?
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Can someone really benefit from buying a foreclosure home?

Yes, the buyer can get the property for an extremely lower price than what its probably worth.


Can you rent out your home while home is in foreclosure?

Yes you can, but in most states you have to tell the potential tenant about this foreclosure.


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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.


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Yes, any unpaid mortgage can put your home in jeopardy of foreclosure.


In California what is the time limit for moving out of a foreclosure?

what is the time for foreclosure on a home in california?


If your renting a home in foreclosure when do you stop paying rent?

Not until there is a foreclosure sale.


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The balance due to the creditors.


What is a pre foreclosure home?

A pre-foreclosure home is a home in which the owner is in immediate danger of losing their home, possibly due to unpaid loans or mortgages, but has not lost it yet.


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