Welcome to the world of real estate foreclosures! Foreclosure is defined as a situation in which a homeowner is unable to make principal and/or interest payments on his or her mortgage, so the lender, most often a bank, can seize and sell the property as defined in the terms of the mortgage contract. When a foreclosure takes place the bank involved in the process will want to sell the property as quickly as possible, often MUCH below market value.
There were approximately 1,259,118 foreclosures in the United States in 2006. That was 1,259,118 opportunities that YOU could have capitalized on. So how do you find and seize these amazing opportunities? Free foreclosure listings are an excellent place to start finding deals on foreclosure propert View the rest of this article
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