Foreclosed homes for sale and they are waiting for you! Below is a free list of foreclosures for sale nationwide. Buying a foreclosure property represents a fantastic opportunity to make (or save) as much as 50 percent on your dream home! But you have to act fast - the best foreclosure deals don’t last long!
Now wait, you might be asking yourself what is a foreclosure exactly? Well, it’s when a homeowner hasn’t paid their mortgage, to simply put it. The homeowner, who is merely a borrower, stops making payments to their lender, the one who they get their money from. Due to this failure to pay off the loan after three to six months, the lender's hand is forced, leading them to seize the property and put it into an auction. The purpose of the lender listing the property in an auction is to lessen the damage that they have suffered due to the borrower defaulting on the loan. Here at foreclosure.com, we are constantly updating our database, so that you can find that property you'll love with ease. Now, if you don't see something you like just yet, feel free to sign up for our email alerts and we will let you know when anything new comes available.
To begin looking for that great deal, click on a state below to start searching for Foreclosures near you.
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