Pre-Foreclosure Properties

Pre-foreclosure properties are those that go on the market before a threatened foreclosure is actually executed. The lender allows the homeowner in default to avoid foreclosure by selling the property for an amount less than the total necessary to pay off the mortgage loan. When the homeowner's loan is at least two months delinquent and the homeowner is able to sell the house within 3 to 5 months, a pre-foreclosure sale offers a much preferred alternative to home foreclosure.

Pre-foreclosure properties provide ample investment opportunity with less risk than buying foreclosed homes at legal auctions or trustee sales. Average discounts off market value can range from 20% to 35%. You may be able to arrange a low cash down payment on these kinds of properties. With pre-foreclosure properties, you have enough time to do title research and use the information you glean to structure unique and flexible sales agreements.

Investing in Home Foreclosures

Whether you're a novice or a professional "rehabber," who fixes up foreclosed properties, you'll need to stay on top to come out ahead. We've gathered resources and culled information from varied sources to bring you timely information on Home Foreclosure Prices, and Financing Foreclosure Purchases. Why Buy Foreclosed Homes, you might ask. There are plenty of solid, smart reasons and we'll share them with you, along with buying foreclosed homes tips, and resources on Home Foreclosure Listings.