Understanding the Foreclosure Process

In most cases, foreclosure takes place when a homeowner is unable to pay their mortgage. In these instances, the mortgage holder, usually a bank, will attempt to sell the property in order to recoup the amount owed by the homeowner.

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Foreclosures: Investment Opportunities

Foreclosures offer an array of investment opportunities both for seasoned entrepreneurs, as well as novice investors. Given that there is a clear motivation to sell, foreclosure properties are usually sold below or at market value, which gives buyers the chance to either flip, rent or wholesale the property and make a substantial profit.

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