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House repossessions are a popular way for first-time homebuyers and experienced investors alike to grab a bargain, because you don't have to spend a ton of money to purchase a great home.
Every year, thousands of repossessed properties and homes across the United States are sold significantly below their true market values at public foreclosure auctions – sometimes 30-50 percent or more!
As America's leading marketplace for distressed properties, Foreclosure.com provides all the resources that you need to find and buy these properties at bargain basement prices.
Homes get repossessed for several reasons, including divorce, bankruptcy and credit problems. Essentially, a lender – usually a bank – will foreclose on a property if a homeowner can't pay his or her mortgage. The lending institution will try to recoup its money by then selling the property to the highest bidder at a public foreclosure auction.
Don't miss out on these amazing deals!
With more than 1.8 million foreclosure, preforeclosure, bankruptcy, FSBO and tax lien listings throughout the United States, Foreclosure.com is packed with terrific investment opportunities. And we've put them all conveniently in one place for you to find.
These properties don't stay on the market for too long, because lenders need to sell them as soon as possible to get their money back. Be the first to know when these listings become available by visiting Foreclosure.com today.